Slovenian Cyber-crooks Target Small Business Bank Accounts

Small business owners need to be on their guard for email frauds like the one described in this article on Sophos.  This is a must read, and must share with your controller, bookkeeper, or office manager.

Slovenian police on Thursday raided 12 homes and arrested five Slovenian citizens in connection with sending malware-packed email to small and medium businesses’ accounting departments.

The email was spoofed to look like it came from a local bank or, in one case, the state tax authority, and it typically warned of a late payment.

The fake tax letter fictionalized a change of legislation that would financially affect the targeted victim. The email came with an attachment that carried a trojan.

The RAT (Remote Administration Toolkit) contacted a controlling server that frequently changed network location.

Once a target clicked on the attachment and installed the RAT, the cybercriminals could observe activity on the infected system.

Read the full article at Sophos.


About the Author:

I am a cybersecurity and IT instructor, cybersecurity analyst, pen-tester, trainer, and speaker. I am an owner of the WyzCo Group Inc. In addition to consulting on security products and services, I also conduct security audits, compliance audits, vulnerability assessments and penetration tests. I also teach Cybersecurity Awareness Training classes. I work as an information technology and cybersecurity instructor for several training and certification organizations. I have worked in corporate, military, government, and workforce development training environments I am a frequent speaker at professional conferences such as the Minnesota Bloggers Conference, Secure360 Security Conference in 2016, 2017, 2018, 2019, the (ISC)2 World Congress 2016, and the ISSA International Conference 2017, and many local community organizations, including Chambers of Commerce, SCORE, and several school districts. I have been blogging on cybersecurity since 2006 at

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