INTRODUCTION
You completed the delivery without any problems, you sent the documentation (Proof of Delivery), but the money never landed on your account. Criminals have realized that it is easier to steal money directly from the billing system than to steal goods from trucks.
Tactic: “Business Email Compromise” (BEC) in logistics
This fraud directly affects factoring companies and the accounting of logistics companies.
Modus operandi: Hackers crack weak e-mail passwords of smaller carriers. They don’t steal data immediately, but observe communications for weeks. When the carrier sends an invoice for a large deal, the hacker intercepts the e-mail and sends a message from the carrier’s address to the factoring house or broker: “Dear, we have changed the bank. Please pay the funds to this new account number.”
Consequences: The broker pays the criminals. The real carrier waits weeks for a payment that never comes. Our forensics revealed a network of “mullah” accounts into which this money is temporarily transferred before disappearing into cryptocurrencies. Never accept a bank account change via e-mail without phone verification!