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By SecureWorld News Team
Thu | Jan 16, 2020 | 5:15 AM PST

Agari has discovered a new threat group using BEC tactics with a twist: impersonating a company's CFO and requesting an updated aging report.

BleepingComputer reports:

A group tracked as Ancient Tortoise is targeting accounts receivable specialists tricking them into sending over aging reports and thus collecting info on customers they can scam in later attack stages.

Aging reports (aka schedule of accounts receivable) are collections of outstanding invoices designed to help a company's financial department to keep track of customers who haven't yet paid for goods or services they bought on credit.

These sets of invoices allow accounts and management to get an overview of the company's credit and collection processes by breaking down the outstanding debts into increments going from thirty to more than ninety days overdue.

Tags: BEC Scams,