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Social Engineering 101: What It Is & How to Safeguard Your Organization

Duo's Security Blog

The email informs John that the company suffered a security breach, and it is essential for all employees to update their passwords immediately. A few days later, John finds himself locked out of his account, and quickly learns that the password reset link he clicked earlier did not come from his company.

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How To Protect Businesses from Social Engineering Attacks this Cybersecurity Awareness Month and Beyond 

NetSpi Executives

Don’t be afraid of social engineering attacks this Cybersecurity Awareness Month! In the spirit of this year’s theme, we created a parody of the Monster Mash to share social engineering prevention tips far and wide. Use Strong Passwords and a Password Manager In 2022, threat actors leaked more than 721 million passwords.

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T-Mobile Users Suffer SIM Swapping Attacks | Avast

Security Boulevard

“We informed a very small number of customers that the SIM card assigned to a mobile number on their account may have been illegally reassigned or limited account information was viewed,” a T-Mobile spokesperson told BleepingComputer last week in response to questions about a new T-Mobile data breach.

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Store manager admits SIM swapping his customers

Malwarebytes

Once an attacker has successfully hijacked their victim’s mobile number, they can use it to send and receive calls and messages (and the victim can’t). Armed with an email and password—which are easily bought online— and the 2FA code, an attacker could take over the victim’s online accounts.

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The Risk of Weak Online Banking Passwords

Krebs on Security

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. Crooks are constantly probing bank Web sites for customer accounts protected by weak or recycled passwords.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

In each attack, the victims saw their email and financial accounts compromised after suffering an unauthorized SIM-swap, wherein attackers transferred each victim’s mobile phone number to a new device that they controlled. Prosecutors say Noah Michael Urban of Palm Coast, Fla., Twilio disclosed in Aug. According to an Aug.

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MY TAKE: Account hijackers follow small banks, credit unions over to mobile banking apps

The Last Watchdog

These smaller institutions, much like the giants, are hustling to expand mobile banking services. Yet, they are much less well equipped to detect and repel cyber attackers, who are relentlessly seeking out and exploiting the fresh attack vectors spinning out of expansion of mobile banking. That’s finally advanced.

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