How Cybercriminals Are Targeting Corporate Transactions
Law360, New York (May 19, 2015, 2:34 PM EDT) -- With cyberintrusions and attacks increasing in both prevalence and sophistication, cybersecurity is a pressing concern for all businesses. High-profile thefts of consumer and commercial data garner the most press coverage, but another strain of cyberscam merits attention among corporate decision makers: Sophisticated cybercriminals — including some believed to be associated with foreign governments' intelligence services — are increasingly deploying clever schemes to exploit company executives and their counsel, advisers, consultants and vendors in connection with corporate transactions, including financing transactions and mergers and acquisitions. Some of these schemes are designed to steal funds in connection with those transactions. Others seek access...
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