SecureWorld News

JANUARY 18, 2024

The social engineering tactics are highly tailored to build trust before delivering sophisticated malware. New capabilities observed include compromising legitimate email accounts to bolster credibility in phishing attempts.

Social Engineering 90

Social Engineering Cybercrime Phishing Architecture 90

The Last Watchdog

JULY 13, 2023

The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5 For more information please go to: beazley.com Media contact: Craig Ingber, Account Manager, Omnia Paratus, T: 908-403-2191, craig@omniaparatus.com # # # trillion by 2025, a 300% increase since 2015 1.

Cyber Risk 189

Cyber Risk Risk Insurance Energy and Utilities 189

Malwarebytes

JULY 19, 2022

In a nutshell, it’s an extensive form of information theft, the likes of which could result in someone’s identity being fully stolen and their financial and other online accounts being taken over. These could then be used to launder money, evade taxes, or provide anonymity for other cybercrimes. Source: Akamai).

Phishing 107

Phishing Social Engineering Accountability Engineering 107

CyberSecurity Insiders

DECEMBER 6, 2022

This analysis from Dirk Schrader, Vice President of Security Research, and Michael Paye, Vice President of Research and Development, is based on Netwrix’s global experience across a wide range of verticals, including technology, finance, manufacturing, government and healthcare. Understaffing will increase the role of channel partners.

Cybersecurity 116

Cybersecurity Cybercrime Social Engineering Firmware 116

Thales Cloud Protection & Licensing

DECEMBER 16, 2021

Criminals tweaked existing forms of cybercrime to fit the pandemic narrative, abused the uncertainty of the situation and the public’s need for reliable information. In many cases, COVID-19 caused an amplification of existing cybercrimes, exacerbated by a significant increase in the number of people working from home.”.

Social Engineering 126

Social Engineering Engineering Ransomware Phishing 126

Krebs on Security

APRIL 30, 2020

A screen shot from a user account at “Snowden,” a long-running reshipping mule service. It stands to reason that the virus outbreak might depress cybercriminal demand for “dumps,” or stolen account data that can be used to create physical counterfeit credit cards.

Cybercrime 317

Cybercrime Computers and Electronics Marketing Scams 317

The Last Watchdog

APRIL 28, 2020

That, of course, presents the perfect environment for cybercrime that pivots off social engineering. Social engineering invariably is the first step in cyber attacks ranging from phishing and ransomware to business email compromise ( BEC ) scams and advanced persistent threat ( APT ) hacks.

Social Engineering 174

Social Engineering Cyber Attacks Scams Engineering 174

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. To this end, some impressive technology has been created to combat the technological side of the issue, to keep hackers and similar bad actors from accessing data and account privileges they shouldn’t. In 2021 alone, IC3 received 847,376 complaints which amounted to $6.9

Social Engineering 117

Social Engineering Energy and Utilities Phishing Scams 117

The Last Watchdog

DECEMBER 12, 2023

Moving ahead, it’s crucial for SMBs, municipalities and healthcare institutions to prioritize. S ameer Malhotra , CEO, TrueFort : Malhotra Software supply chain attacks will continue to place more responsibility and accountability on DevSecOps teams. I really feel as though the bad guys have the upper hand.

Cybersecurity 258

Cybersecurity Social Engineering Cyber threats Software 258

The Last Watchdog

APRIL 6, 2020

This can make them particularly susceptible to social engineering trickery, the trigger for online extortion and fraud campaigns, Bastable told me. BEC campaigns accounted for an estimated $26 billion in cybercrime-related losses reported to the FBI over a three year period. The total stolen: $2.3 It’s simple fraud.”

Scams 147

Scams Social Engineering Ransomware Engineering 147

Malwarebytes

MARCH 18, 2022

Because Exotic Lily’s methods involved a lot of detail, they are believed to require a level of human interaction that is rather unusual for cybercrime groups focused on large scale operations. Initially, they were targeting specific industries such as IT, cybersecurity, and healthcare, but that focus has become less stringent.

Ransomware 90

Ransomware Malware Social Engineering Media 90

Identity IQ

DECEMBER 20, 2023

The methods used by cybercriminals in 2023 varied with cyberattacks, physical attacks, and system errors targeting everything from critical infrastructure to manufacturing to healthcare databases. This signals a new era of cybercrime where private data becomes prized currency, putting every email address and credit card number at risk.

Data breaches 66

Data breaches Identity Theft Cybercrime Social Engineering 66

CyberSecurity Insiders

JUNE 25, 2022

On 14th August 2019, the auto parts supplier was tricked into making a large fund transfer into the hackers’ bank account. The threat actors posed as one of the subsidiary’s business partners and sent carefully crafted emails to accounting and finance department members. Social engineering. Sina Weibo .

Cybersecurity 137

Cybersecurity Social Engineering Phishing Engineering 137

Security Boulevard

JUNE 26, 2023

Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. A lack of security features to upgrade or downgrade a user may result in mismanagement of user accounts.

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

Malwarebytes

FEBRUARY 14, 2023

Apart from taking over bank accounts, TrickBot has been instrumental in spreading ransomware across multiple healthcare organizations, and critical infrastructure in the US, especially during the height of the COVID-19 pandemic. Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Educate your staff.

Ransomware 67

Ransomware Backups Banking Social Engineering 67

Security Boulevard

MAY 24, 2024

Inglorious Basta(rds): 16 days on, huge hospital system continues to be paralyzed by ransomware—and patient safety is at risk. The post Black Basta Ascension Attack Redux — can Patients Die of Ransomware? appeared first on Security Boulevard.

Ransomware 135

Ransomware Risk Social Engineering Healthcare 135

CyberSecurity Insiders

JANUARY 28, 2022

Some advanced network monitoring tools can automate this process, restricting accounts when they behave irregularly. Social engineering avoidance should be part of all workers’ onboarding processes. Data security in the sector must improve in light of rising cybercrime and these vulnerabilities.

Penetration Testing 105

Penetration Testing Encryption Social Engineering Phishing 105

eSecurity Planet

DECEMBER 19, 2023

Cybercrime will go to the next level: Cyberattackers will implement improved skills, “shift left” attacks, and shifting strategies to adjust to evolving cyberdefense. AI-Powered Cybercrime Despite the advancements in using AI to improve security, cybercriminals also have access to AI and LLMs.

Cybersecurity 140

Cybersecurity CISO Government Technology 140

Security Affairs

OCTOBER 31, 2022

Although this transaction was absolutely transparent and traceable, it did not allow the account holder to be traced, precisely because of the typical peculiarities of digital currency: anonymity, transparency, speed and non-repudiation. In fact, the familiar red lock screen launched by the @WanaDecryptor@.exe How did the contagion stop?

Malware 92

Malware Computers and Electronics Encryption Ransomware 92

Security Through Education

APRIL 7, 2021

Healthcare sees 580% jump in ransomware attacks. ” “Cybercrime apparently cost the world over $1 trillion in 2020.” Legitimate contact tracers will never ask for: Insurance information, Bank account information, Credit card numbers, Social Security numbers, or. Written by Social-Engineer.

Scams 92

Scams Computers and Electronics Insurance Social Engineering 92

SecureList

SEPTEMBER 11, 2023

Introduction Knowledge is our best weapon in the fight against cybercrime. The gang has scored a series of resonant attacks on oil companies, financial services , government agencies and healthcare providers. An understanding of how various gangs operate and what tools they use helps build competent defenses and investigate incidents.

Ransomware 135

Ransomware Encryption Malware DDOS 135

Security Affairs

NOVEMBER 25, 2020

In the report, the company examines key shifts in the cybercrime world internationally between H2 2019 and H1 2020 and gives forecasts for the coming year. The past year — a harrowing period for the world economy — culminated in the spike of cybercrime. The most severe financial damage has occurred as a result of ransomware activity.

Banking 125

Banking Ransomware Phishing Marketing 125

Security Boulevard

JANUARY 18, 2024

This demand leads to the development of cybersecurity predictions which must take into account underlying drivers of the attackers, defenders, and technology where the battles will play out. The highly controversial regulation took effect at the end of 2023 and publicly owned businesses in 2024 are now held accountable for compliance.

Risk 115

Risk Cybersecurity CISO Technology 115

SC Magazine

JUNE 21, 2021

As Schrader explained, a malicious actor could take the data corresponding to patient, provider and radiology service provider to infer the location of the individual, which can easily be paired with data from other public sources and social media. All signs point to overall security failings. Impact on patient privacy and security.

Internet 89

Internet Internet Media Healthcare 89

SecureList

NOVEMBER 1, 2022

On July 7, CISA issued an alert, “ North Korean State-Sponsored Cyber Actors Use Maui Ransomware To Target the Healthcare and Public Health Sector “, based on a Stairwell report about Maui ransomware. Adastrea is a brand-new account and defines itself as an independent group of specialists and researchers in cybersecurity.

Malware 141

Malware Ransomware Spyware Encryption 141

SecureList

JULY 27, 2023

Its recent attacks have extended to US healthcare organizations, while also leaking documents from various entities in an effort to cause both psychological and organizational repercussions among its adversaries. Several tools were used to gather documents. The first, “LoFiSe”, packs files into a ZIP archive.

Malware 87

Malware Government Phishing Social Engineering 87