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threat intel
Risky Bulletin: BEC campaign steals €35 million from French notaries
A business email compromise (BEC) campaign targeting French notaries has stolen more than €35 million over four years by using phishing to breach networks and then modifying transaction details to redirect payments. The attack affected over 500 notary offices, representing approximately 7% of all French notaries according to the country's supervisory agency.
Why it matters: French notaries and law firms handling real estate and legal transactions face sustained BEC threats that bypass traditional defenses; practitioners should review email security, transaction verification procedures, and network monitoring to detect subtle payment modifications.
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