Nigerian scam groups target small and medium-sized firms in Taiwan
Trend Micro Inc. ( ) has issued a warning to Taiwanese small- and mediumsized enterprises about the newest Nigerian hacking scheme that will not only steal information, but also cancel transactions initiated by enterprises and transfer the money to the hacker’s bank accounts instead.
To avoid losing money and damage to a company’s reputation, Trend Micro is encouraging enterprises to strengthen their i nformation security measures so as to defend themselves from the two Nigerian hacking groups behind the cyberattacks. The two groups are usually referred to as “Uche” and “Okiki.”
in- formation security programs, enterprises are also being encouraged to implement expert support services in order to receive personalized help and proactive cybersecurity measures to monitor potential virus attacks and receive real- time warnings for hacking threats.
According to Chien Shengtsai ( ), senior advisor at Trend Micro, enterprises should be aware of not only advanced threatening programs that could cause havoc for a company’s operations, but are also warning that a simple backdoor program will be enough for a hacker to break through and defeat standard security measures.
“Forward- l ooking Research Team” (
), a subsidiary of Trend Micro, has been monitoring the two Nigerian- based scam
Threat groups for some time.
The two scam groups specialize in attacking small- and medium- sized enterprises in developing countries, and the hackers only need HawkEye (
), a backdoor program usually priced at US$35, to break into a company’s database.
Enterprises are advised not to let their guard down. Chien said while the scammers’ use of malware is relatively commonplace, their methods have become more sophisticated than ever.
“Uche and Okiki are not the one-man scamming groups of the past, and will not settle for stealing information to resell it.” Chien said, “The groups are resourceful with the stolen data, and will not hesitate to use it to exploit more profit from the hacked companies.”