09/08/2026
๐จ Attackers are taking social engineering to the next level.
A sophisticated new phishing campaign dubbed "Phantom Deal" is actively targeting corporate employees with completely fabricated Merger and Acquisition scams.
Hackers are conducting intense reconnaissance, impersonating company executives on messaging apps, and distributing fake NDAs to trick employees into authorizing massive international wire transfers. Because the details are highly customized to the target company, these requests look incredibly convincing.
Even the best employees can fall for highly targeted scams. Your business needs strict payment verification controls, robust identity management, and continuous security training to stop financial fraud in its tracks.
Read the full report on the Phantom Deal campaign here:
https://www.darkreading.com/cyberattacks-data-breaches/large-enterprises-fake-merger-acquisition-scams
Threat actors behind the "Phantom Deal" campaign are studying companies in detail, aiming to dupe midlevel employees into initiating large transfers.