Cybercriminals turn to AI to bypass modern email security measures

Cybercriminals employ artificial intelligence (AI) to create complex email threats like phishing and business email compromise (BEC) attacks, while modern email security systems use AI to counter these attacks, according to Perception Point and Osterma… Continue reading Cybercriminals turn to AI to bypass modern email security measures

30% of phishing threats involve newly registered domains

Phishing remains the most dominant and fastest growing internet crime, largely due to the ubiquity of email and the ceaseless issue of human error that is preyed upon by today’s threat actors, according to Cloudflare. While business email compromise (B… Continue reading 30% of phishing threats involve newly registered domains

Number of email-based phishing attacks surges 464%

The evolving cyberattack landscape reveals the increasing utilization of generative artificial intelligence (AI) systems, like ChatGPT, by cybercriminals for crafting malicious content and executing sophisticated attacks, according to Acronis. The bian… Continue reading Number of email-based phishing attacks surges 464%

Widespread BEC attacks threaten European organizations

European organizations experienced a greater volume and frequency of BEC attacks over the last year, as compared to organizations in the United States, according to Abnormal Security. BEC attacks volume and frequency The data is based on an analysis of… Continue reading Widespread BEC attacks threaten European organizations

The multiplying impact of BEC attacks

The 2023 Verizon Data Breach Investigations Report (DBIR) has confirmed what FBI’s Internet Crime Complaint Center has pointed out earlier this year: BEC scammers are ramping up their social engineering efforts to great success. BEC attackers tar… Continue reading The multiplying impact of BEC attacks

Verizon 2023 Data Breach Investigations Report: 74% of breaches involve human element

Verizon Business today released the results of its 16th annual Data Breach Investigations Report (2023 DBIR), which analyzed 16,312 security incidents and 5,199 breaches. Chief among its findings is the soaring cost of ransomware – malicious software (… Continue reading Verizon 2023 Data Breach Investigations Report: 74% of breaches involve human element

Threat actors exploit new channels for advanced phishing attacks

Perception Point’s team has identified a 356% increase in the number of advanced phishing attacks attempted by threat actors in 2022. Overall, the total number of attacks increased by 87%, highlighting the growing threat that cyber attacks now po… Continue reading Threat actors exploit new channels for advanced phishing attacks

Organizations brace for cyber attacks despite improved preparedness

Cyber-risk levels have improved from “elevated” to “moderate” for the first time, but insiders represent a persistent threat for global organizations, according to Trend Micro. Jon Clay, VP of threat intelligence at Trend Micro:… Continue reading Organizations brace for cyber attacks despite improved preparedness

AI tools help attackers develop sophisticated phishing campaigns

Phishing scams are a growing threat, and cybercriminals’ methods are becoming increasingly sophisticated, making them harder to detect and block, according to Zscaler report. The report found that a majority of modern phishing attacks rely on stolen cr… Continue reading AI tools help attackers develop sophisticated phishing campaigns