Collaborate Disseminate
Across all BEC attacks seen over the past year, 57% relied on language as the main attack vector to get them in front of unsuspecting employees, according to Armorblox. In other trends to watch, vendor compromise and fraud are rising as a new attack ve… Continue reading AI tools like ChatGPT expected to fuel BEC attacks
Despite the decline in network-detected malware in Q4 2022, endpoint ransomware spiked by 627%, while malware associated with phishing campaigns persisted as a threat, according to WatchGuard. Malware going undetected Despite seeing an overall decline … Continue reading The hidden picture of malware attack trends
BEC attacks are usually aimed at stealing money or valuable information, but the FBI warns that BEC scammers are increasingly trying to get their hands on physical goods such as construction materials, agricultural supplies, computer technology hardwar… Continue reading BEC scammers are after physical goods, the FBI warns
After news broke late last week about Silicon Valley Bank’s bank run and collapse, security researchers started warning SVB account holders about incoming SVB-related scams and phishing attempts. Another reminder: just because caller ID says FDIC… Continue reading SVB account holders targeted with phishing, scams
BEC attacks are growing year over year and are projected to be twice as high as the threat of phishing in general, according to IRONSCALES and Osterman Research. 93% of organizations experienced one or more of the BEC attack variants in the previous 12… Continue reading Organizations need to re-examine their approach to BEC protection
For those who haven’t followed the drama, Silicon Valley Bank has been shut down by the California Department of Financial Protection and Innovation, after a bank run that followed an insolvency risk and a stock crash. The Federal Deposit Insurance Cor… Continue reading The SVB demise is a fraudster’s paradise, so take precautions
“In 2022, investment scam losses were the most (common or dollar amount) scheme reported to the Internet Crime Complaint Center (IC3),” the FBI shared in its 2022 Internet Crime Report. This category includes crypto-investment scams such as… Continue reading Internet crime in 2022: Over $3 billion lost to investment scammers
Trend Micro’s overall threat detections increased by 55%, and the number of blocked malicious files surged by 242% due to indiscriminate targeting by threat actors who went after both consumers and organizations in all sectors. Trends for 2022 an… Continue reading Inadequate patches and advisories increase cyber risk
BEC (Business Email Compromise) attacks have become increasingly prevalent in recent years, with cybercriminals using a variety of tactics to gain access to sensitive information and steal money from businesses. While many people may assume that these … Continue reading Expert strategies for defending against multilingual email-based attacks
Last year, Microsoft announced automatic attack disruption capabilities in Microsoft 365 Defender, its enterprise defense suite. On Wednesday, it announced that these capabilities will now help organizations disrupt two common attack scenarios: BEC (bu… Continue reading Microsoft announces automatic BEC, ransomware attack disruption capabilities