Article – A New Twist in Account Takeover

From BankInfoSecurity.com.

John LaCour of the online security firm Phish Labs says these types of e-mail attacks are becoming increasingly common. “We have seen a huge increase in the amount of Webmail accounts targeted by phishers in the last year,” he says. “By compromising the e-mail accounts of buyers and sellers using these marketplaces, fraudsters are able to spoof the e-mails between buyers and sellers necessary to redirect shipments and payments.”