Credit Union Times - Anatomy of Mortgage Spear-Phishing Campaigns

According to new numbers from the U.S. Commerce Department released recently, new home builds and sales are rising, which could mean a big opportunity for mortgages and unfortunately, cyber criminals.Increasingly, malicious hackers are spoofing emails as part of a spear-phishing attack designed to trick home buyers into wiring money into the hacker’s bank account. The FTC even issued a consumer advisory, warning of scammers phishing for mortgage closing costs.