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Hackers Target Homebuyers with Email Scam

Scammers in recent years have increasingly aimed a novel form of cyberattack at eager homebuyers. So reports Bloomberg Businessweek.

email 3249062 640 smallThe attack method, called business email compromise, involves posing as legitimate business professionals to send fake wire requests.

These fraudsters generally assemble contact details for players in a real estate transaction, such as mortgage lenders and brokers, and send mass phishing messages in hopes that someone will be fooled.

Read the full article from Bloomberg Businessweek.

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