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Thursday, March 28, 2024

Criminal Actors Use Business Email Compromise to Steal Large Shipments of Food Products and Ingredients

Criminals may repackage stolen products for individual sale without regard for food safety regulations and sanitation practices.

The Federal Bureau of Investigation (FBI), the Food and Drug Administration Office of Criminal Investigations (FDA OCI), and the US Department of Agriculture (USDA) are releasing this joint Cybersecurity Advisory (CSA) to advise the Food & Agriculture sector about recently observed incidents of criminal actors using business email compromise (BEC) to steal shipments of food products and ingredients valued at hundreds of thousands of dollars.

While BEC is most commonly used to steal money, in cases like this criminals spoof emails and domains to impersonate employees of legitimate companies to order food products. The victim company fulfills the order and ships the goods, but the criminals do not pay for the products. Criminals may repackage stolen products for individual sale without regard for food safety regulations and sanitation practices, risking contamination or omitting necessary information about ingredients, allergens, or expiration dates. Counterfeit goods of lesser quality can damage a company’s reputation.

BEC is one of the most financially damaging online crimes. According to the FBI’s Internet Crime Complaint Center, victims reported losses of almost $2.4 billion in 2021, based on 19,954 recorded complaints linked to BEC attacks targeting individuals and businesses. This CSA provides mitigation recommendations to help reduce the risk of financial loss and possible food contamination resulting from these schemes.

Read more at ICE3

Criminal Actors Use Business Email Compromise to Steal Large Shipments of Food Products and Ingredients Homeland Security Today
Homeland Security Today
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.
Homeland Security Today
Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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