Collaborate Disseminate
A recent Todyl report revealed a 558% increase in BEC (Business Email Compromise), AiTM (Adversary-in-the-Middle), and ATO (Account Takeover) attacks in 2024. In this Help Net Security video, David Langlands, Chief Security Officer at Todyl, discusses … Continue reading Evolving cybercriminal tactics targeting SMBs
Every type of fraud is on the rise, and 2023 was a particularly devastating year for victims of cryptocurrency and business email compromise (BEC) scams, according to the FBI. Cryptocurrency fraud Based on complaints filed to FBI’s Internet Crime… Continue reading Losses due to cryptocurrency and BEC scams are soaring
Threat actors use popular file-hosting or e-signature solutions as a disguise to manipulate their targets into revealing private information or downloading malware, according to Abnormal Security. A file-sharing phishing attack is a unique type of phis… Continue reading Cybercriminals exploit file sharing services to advance phishing attacks
Orion S.A., a global chemical company with headquarters in Luxembourg, has become a victim of fraud: it lost approximately $60 million through “multiple fraudulently induced outbound wire transfers to accounts controlled by unknown third parties…. Continue reading Scammers dupe chemical company into wiring $60 million
When it comes to the cyber threat landscape, change is the only constant: the inevitable interplay between cybercriminals and law enforcement agencies makes it inevitable. Europol’s recently released Internet Organised Crime Threat Assessment (IO… Continue reading The changes in the cyber threat landscape in the last 12 months
In this Help Net Security interview, Robert Haist, CISO at TeamViewer, discusses how AI is being leveraged by cybercriminals to enhance the effectiveness of BEC scams. How is AI being leveraged by cybercriminals to enhance the effectiveness of BEC scam… Continue reading Strategies for combating AI-enhanced BEC attacks
56% of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of cyber risk management, according to Coalition. The 2024 Cyber Claims Report is … Continue reading 56% of cyber insurance claims originate in the email inbox
In this Help Net Security video, Shai Gabay, CEO of Trustmi, discusses why payments are a source of cyber worry for CISOs. CISOs are worried about Business Email Compromise (BEC), cyber attackers’ use of AI, and securing the supply chain. These a… Continue reading How CISOs tackle business payment fraud
In this Help Net Security video, Mike Britton, CISO at Abnormal Security, discusses how energy and infrastructure organizations face an increased risk of business email compromise and vendor email compromise attacks. According to Abnormal Security data… Continue reading Email security trends in the energy and infrastructure sector
Pepco Group has confirmed that its Hungarian business has been hit by a “sophisticated fraudulent phishing attack.” The European company, which operates shops under the Pepco, Poundland and Dealz brands, said that the company lost approxima… Continue reading European retailer Pepco loses €15.5 million in phishing (possibly BEC?) attack