On June 28, the FBI issued a warning that the cybercriminal group known as Scattered Spider is actively targeting the airline industry. This group, composed primarily of English-speaking young adults from the U.S. and U.K., is known for its sophisticated social engineering tactics and collaboration with ransomware-as-a-service syndicates.

Financial fraud continues to be an easy means for criminals to make money from unsuspecting targets. As attacks continue to grow in volume, it is important that you are able to recognize the warning signs.