Business email compromise (BEC), also known as email fraud, is one of cybersecurity’s costliest and least understood threats. As BEC schemes have evolved, industry nomenclature has outlived its usefulness. Without a framework to describe and break down BEC attacks—let alone conceptualize them—researching and...
As the pandemic abruptly shifted the work landscape, cyber attackers quickly evolved their tactics, which include ransomware, business email compromise, and account takeover attacks. And phishing attacks are persistent. But guess what. So are we.
Proofpoint is a vendor with end-to-end solution. We're confident that...
Crypto exchange firm Coinbase has confirmed that an SMS phishing campaign aimed at stealing employee credentials resulted in a minor data breach. The company estimates the latest campaign is part of the phishing campaign that successfully compromised Twilio and Cloudflare last year.
Russian military intelligence agency hackers walloped Ukraine with waves of data wipers and phishing attacks, but the torrent of destructive cyberattacks doesn't appear to have been as effective as previous Russian cyberattacks, report researchers from the Google Threat Analysis Group and Mandiant.
57% of consumers would stop spending money with their favourite brand if they fell victim to a phishing
attack while 70% agrees it is the brand’s responsibility to protect itself from email impersonation and from fake versions of its website respectively.
Download this casestudy to learn how to protect your...
Check fraud, first-party fraud and AI-related fraud will increase on a massive scale in 2023, thanks in large part to growing insider threats and the global economic slowdown. Frank McKenna, chief fraud strategist at Point Predictive, explains how banks can prepare to tackle these types of scams.
Expect the recently leaked database containing over 200 million Twitter records to be an ongoing resource for hackers, fraudsters and other criminals operating online, experts warn. Though 98% of the email addresses have appeared in prior breaches, bad actors can merge databases and do more damage.
ChatGPT, an AI-based chatbot that specializes in dialogue, is raising concern among security professionals about how criminals could use cheap, accessible natural language AI to write convincing phishing emails and pull off nefarious deepfake scams. Peter Cassidy discusses the implications.
Everyone knows why criminals rob banks. But since most robbers are operating remotely, which tactics are cybercriminals actually employing and how often are they successful? Too often, it seems, thanks to phishing attacks, money laundering, ATM skimmers, malware and more.
The attack earlier this year that compromised systems and data at LastPass is more extensive than the password management software provider previously revealed. LastPass says the attacker downloaded from the cloud backups of multiple users' encrypted password vaults, as well as unencrypted URLs.
Cloud email security: It involves new strategies and tools to defend against a new wave of attacks. Arun Singh of Abnormal Security discusses the latest flavor of email attacks and the new Knowledge Bases created to help enterprises increase their education and defensive capabilities.
The losses from phishing and other forms of sophisticated email fraud in 2021 alone totaled over $44 million, and the volume of phishing and email spoofing attacks doubled in 2021. Many malicious data breaches are caused by stolen credentials rather than the installation of malware. In fact, IBM found that in 2021,...
The email attack vector. It may not earn much discussion, but the adversaries take full advantage of it with phishing, BEC and now email platform attacks. Mike Britton, CISO of Abnormal Security, talks about the latest threat trends and how to detect and defend against them.
What really makes a “strong” password? And why are you and your end-users continually tortured by them? How do hackers crack your passwords with ease? And what can/should you do to improve your organization’s authentication methods?
Password complexity, length, and rotation requirements are the bane of IT...
Security firm Group-IB has identified 34 hacking groups that are now selling a stealer-as-a-service model to spread infostealer malware and steal credentials from online gaming and payment accounts. The company advises organizations to be on the lookout for Raccoon and Redline infostealers.
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