Microsoft Reports Million-Email BEC Campaign Using Executive Impersonation and Fake Invoices

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Summary

Microsoft reported a BEC campaign of more than one million emails that impersonated executives and ServiceNow to solicit nearly $50,000 in fake payments. Signs suggested AI-assisted templates, but Microsoft could not confirm AI’s role.

Key points

  • Microsoft found the campaign in early August; it sent more than one million emails, about 88% of which targeted people in the United States.
  • Attackers impersonated company executives and pressured accounts payable teams to send fraudulent payments of nearly $50,000.
  • Messages impersonated ServiceNow and included fabricated invoices and forwarded email threads to make the requests appear legitimate.
  • Microsoft identified extensive HTML comments, structured section labels, and uniform templates as signs consistent with AI-assisted development, but said it could not independently establish how much AI generated the content.
  • The campaign combined executive impersonation, vendor branding, fabricated invoices, and supporting email conversations in a single narrative.

Article Details

Event Type
Business email compromise campaign using executive and ServiceNow impersonation, fabricated invoices, and forged email threads.
Impact
More than one million fraudulent emails targeted users, mostly in the United States. The attackers sought nearly $50,000 in fake payments from accounts payable teams.

MITRE ATT&CK

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