Remove 2019 Remove Accountability Remove Ransomware Remove Social Engineering
article thumbnail

Mastermind: Social Engineering, BEC Attacks, Millions in Cash and Crypto

SecureWorld News

Business email compromise scheme and social engineering. million USD) to a bank account controlled by Alaumary and his co-conspirators. Social engineering—in person—was the next part of the scheme. The funds included those from a 2019 North Korean-perpetrated cyber-heist of a Maltese bank. Too many do.

article thumbnail

BEST PRACTICES: Mock attacks help local agencies, schools prepare for targeted cyber scams

The Last Watchdog

Related : How ransomware became a scourge Ransomware attacks and email fraud have spiked to record levels across the U.S. This can make them particularly susceptible to social engineering trickery, the trigger for online extortion and fraud campaigns, Bastable told me. The total stolen: $2.3 The FBI is investigating.

Scams 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Saudi Ministry exposed sensitive data for 15 months

Security Affairs

file exposed information that attackers could employ for lateral movement within the ministry’s systems, potentially escalating to anything from account takeover to a ransomware attack. It was established in 2019 to diversify Saudi Arabia’s economy away from oil and gas. Meanwhile, the now-closed MIM’s env.

article thumbnail

Multi-factor authentication has proven it works, so what are we waiting for?

Malwarebytes

Recently, Amazon announced that it will require all privileged Amazon Web Services (AWS) accounts to use multi-factor authentication (MFA) , starting in mid-2024. Our regular readers will know that we feel that passwords alone are not adequate protection , especially not for your important accounts. Get a free trial below.

article thumbnail

Ransomware Revival: Troldesh becomes a leader by the number of attacks

Security Affairs

Ransomware accounted for over half of all malicious mailings in H1 2019, Troldesh aka Shade being the most popular tool among cybercriminals. The report’s findings reveal that email remains the main method of delivering ransomware, banking Trojans, and backdoors. Links account for 29%, while attachments—for 71%.

article thumbnail

You’ve Never Heard of the C-Suite Targeting Scam, but It’s a Killer

Adam Levin

The Federal Bureau of Investigation’s 2019 annual Internet Crime Report included 467,361 complaints about suspected internet crime with losses of $3.5 billion, or roughly half, of the total losses in 2019 were attributed to generic email account compromise (EAC) complaints. The back of the napkin math isn’t pretty.

Scams 130
article thumbnail

Herjavec Group LockBit 2.0 Ransomware Profile

Herjavec Group

LockBit ransomware was initially discovered in September 2019. Since then, the malware has been used in ransomware attacks against a range of industries located across the globe. 0”, a double-extortive Ransomware-As-A-Service (RaaS) operation. . ” as their new and improved version of the ransomware.