Instances of business email compromise (BEC) – a targeted form of phishing in which attackers try to scam companies out of money or goods or trick employees into giving up sensitive info – have continued to increase, causing devastating impacts. Last year, the FBI’s Internet Crime Complaint Center (IC3) reported $43 billion of global exposed […]
A recent Barracuda Networks Inc. (Barracuda) report shows that 50% of organizations were victims of spear-phishing in 2022 — and 24% had at least one email account compromised through account takeover. Cybercriminals continue to barrage organizations with targeted email attacks, and many companies are struggling to keep up, says the Campbell, Calif.-based cloud security solutions […]
Business email compromise has emerged as a critical threat as threat actors shift their tactics and increase the sophistication of attacks designed to takeover business emails, including leveraging residential IP addresses to hide the attacks, Microsoft says in a new Cyber Signals report. The report, the fourth such edition of Microsoft’s cybersecurity research report, finds […]
Ahead of the 2023 RSA Conference, Proofpoint, Inc., the Sunnyvale, Calif.-based cybersecurity and compliance company, unveiled a host of innovations across its Aegis Threat Protection, Identity Threat Defense and Sigma Information Protection platforms. The company’s latest solutions empower organizations to stop malicious email attacks, detect and prevent identity-based threats and defend sensitive data from theft, loss and insider […]
Genesis Market, online criminal marketplace that advertised and sold packages of stolen credentials that threat actors use to compromise accounts in the financial sector, critical infrastructure and federal, state and local government agencies, has been dismantled by a coalition of international law enforcement agencies. According to a news release from the U.S. Department of Justice, […]
Microsoft is warning organizations of an uptick in Adversary-in-the-Middle (AiTM) phishing kits that are capable of bypassing multi-factor authentication (MFA) through reverse-proxy functionality, rendering the security tool that many organizations now deploy useless. In a new blog, the Microsoft Threat Intelligence Team dives into a threat actor it calls DEV-1101, a group that develops, supports […]
ChatGPT and generative AI is dominating the news cycle, with companies like Microsoft, Slack, Snapchat, Grammarly and many others leveraging the emerging technology to help users be more efficient, accurate and creative. In fact, ChatGPT was estimated to have reached 100 million monthly active users in January, making it the fastest-growing consumer tool in history. […]
Phishing, social engineering, and ransomware remain favorite attack methods of cybercriminals, but threat actors are beginning to shift to newer techniques, such as phone-oriented attack delivery and adversary-in-the-middle phishing proxies designed to bypass multifactor authentication, according to cybersecurity firm Proofpoint. The Sunnyvale, Calif.-based company’s’ State of the Phish report finds that email-based phishing attacks remain […]
Large enterprises with at least 10,000 employees are the most susceptible to phishing schemes that promise a gift despite having access to more cybersecurity resources than smaller businesses, according to a new report on phishing link click rates from Terranova Security, a subsidiary of Fortra (previously HelpSystems). The report is based on the 2022 Gone […]
Phishing, MFA fatigue attacks are on the rise, and the cost of a data breach is now expected to reach $5 million, according to a year-end cyberthreat report from cybersecurity firm Acronis. The Switzerland-based firm’s report from its Cyber Protection Operation Center provides an in-depth analysis of the cyberthreat landscape including ransomware, phishing, malicious websites, […]
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