Phantom Deal actors

Dark Reading Reports on 'Phantom Deal' Campaign Targeting Large Enterprises

According to Dark Reading, threat actors are conducting a campaign dubbed 'Phantom Deal' that targets large enterprises. The actors are reportedly studying companies in extreme detail to dupe midlevel employees into initiating large financial transfers, impersonating legitimate merger and acquisition parties. No zero-day or malware exploit has been reported; the method relies on social engineering and detailed company research.