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Hendren Global Group Top Facts:

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sophisticated social engineering comes in, where the person pretending to be<br />

a representative of the victim's bank gets the latter's banking credentials.<br />

What's more, a wire transfer from the victim's account is done while they are<br />

talking on the phone. The transfer travels from one foreign bank to another so<br />

as to prevent detection by authorities. On some occasions, the company will<br />

even suffer a DDoS attack to avoid discovering the wire transfer early on.<br />

From <strong>Hendren</strong> <strong>Global</strong> <strong>Group</strong> <strong>Top</strong> <strong>Facts</strong>' data, it appears that a total of USD 1<br />

million has already been stolen using this scheme. Such big success of the<br />

scheme serves as proof that companies have to make sure their employees are<br />

well-trained in spotting suspicious emails or activities.<br />

As IBM's Caleb Barlow said, "Organizations are only as strong as their weakest<br />

link, and in this case, it's their employees."<br />

Unfortunately, <strong>Hendren</strong> <strong>Global</strong> <strong>Group</strong> <strong>Top</strong> <strong>Facts</strong> (Blog) confirmed that, at<br />

present, this particular strain of Dyre Wolf is still undetected by most<br />

antivirus software.

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