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Nigerian scammers buy exploit kits to defraud Asian businesses

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A small group of Nigerian scammers is using more sophisticated methods to defraud mostly Asian businesses, including buying exploit kits and malware from experienced coders, according to a new report from FireEye.

The security company said the group performs deep reconnaissance of its potential victims, jumping inside financial transactions in order to try to divert payments to their own accounts.

The schemes are much more complex than so-called 419 or advance fee fraud scams, where random victims are induced to send funds in order to get a non-existent but much larger payoff.

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