eSecurity Planet

SEPTEMBER 30, 2021

Underground services are cropping up that are designed to enable bad actors to intercept one-time passwords (OTPs), which are widely used in two-factor authentication programs whose purpose is to better protect customers’ online accounts. By using the services, cybercriminals can gain access to victims’ accounts to steal money.

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Authentication Social Engineering Phishing Banking 113

Approachable Cyber Threats

FEBRUARY 8, 2023

Banks are taking revolutionary approaches to digitize and streamline the customer experience - but these measures could come with a cost without strategic cybersecurity measures. The world is changing, and the banking industry is evolving too. The Industry Digital banking is transforming the way people access and manage their finances.

Banking 94

Banking Social Engineering Cyber threats Encryption 94

Schneier on Security

JUNE 20, 2018

Sounds like a really good idea, but Andreas Gutmann points out an application where this could become a vulnerability: when authenticating transactions: Transaction authentication, as opposed to user authentication, is used to attest the correctness of the intention of an action rather than just the identity of a user.

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Authentication Banking Social Engineering Mobile 142

Identity IQ

FEBRUARY 7, 2023

What is Phishing? One of the most common techniques used to exploit web users is the phishing scam. This article will cover what phishing is, cybercriminals’ different approaches, and how to prevent yourself from becoming a victim. What is Phishing? How Does Phishing Work? Spear Phishing.

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Phishing Identity Theft Scams Banking 98

SecureList

MAY 6, 2024

A significant share of scam, phishing and malware attacks is about money. Methodology In this report, we present an analysis of financial cyberthreats in 2023, focusing on banking Trojans and phishing pages that target online banking, shopping accounts, cryptocurrency wallets and other financial assets. million in 2022.

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Phishing Banking Mobile Scams 93

Malwarebytes

JUNE 19, 2023

A particularly nasty slice of phishing, scamming, and social engineering is responsible for DoorDash drivers losing a group total of around $950k. From here, the driver would be convinced to hand over banking details or log in to a fake portal. How to avoid phishing Block known bad websites. Use a password manager.

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Scams Phishing Password Management Passwords 90

SecureList

APRIL 5, 2023

They have become adept at using Telegram both for automating their activities and for providing various services — from selling phishing kits to helping with setting up custom phishing campaigns — to all willing to pay. ” Links to the channels are spread via YouTube, GitHub and phishing kits they make.

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Phishing Marketing Scams Accountability 114

The Last Watchdog

APRIL 10, 2019

Outside of giants JP Morgan, Bank of America, Citigroup, Wells Fargo and U.S. firms are comprised of community banks and regional credit unions. These smaller institutions, much like the giants, are hustling to expand mobile banking services. Related: OneSpan’s rebranding launch. Key takeaways: Shifting risks.

Banking 147

Banking Mobile Accountability Artificial Intelligence 147

The Last Watchdog

JUNE 18, 2018

Bank patrons in their 20s and 30s, who grew up blanketed with digital screens, have little interest in visiting a brick-and-mortar branch, nor interacting with a flesh-and-blood teller. This truism is pushing banks into unchartered territory. So banks are all in. LaSalla: Back in the day it was hardware tokens for banks.

Banking 173

Banking Mobile Social Engineering Authentication 173

Krebs on Security

AUGUST 19, 2020

The COVID-19 epidemic has brought a wave of email phishing attacks that try to trick work-at-home employees into giving away credentials needed to remotely access their employers’ networks. For now at least, they appear to be focusing primarily on companies in the financial, telecommunications and social media industries.

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Phishing VPN Social Engineering Media 356

Security Affairs

OCTOBER 17, 2023

With 85% of campaigns targeting victims with phishing emails containing malicious links, another form of a social engineering attack, education and cyber vigiliance remain a high priority. This method was identified as vishing – a voice-based phishing attack. Why should employers educate employees about cyber security?

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Social Engineering Ransomware Engineering Phishing 111

Malwarebytes

JULY 23, 2021

The Dutch police announced that they arrested two Dutch citizens, aged 24 and 15, for developing and selling phishing panels. For cybercriminals that lacked the technical knowledge or means, the Fraud Family also offered to host the phishing sites and backend panels. 2FA bypass.

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Phishing Banking Password Management Scams 118

CyberSecurity Insiders

FEBRUARY 22, 2022

Trickbot Malware that started just as a banking malware has now emerged into a sophisticated data stealing tool capable of injecting malware like ransomware or serve as an Emotet downloader. Note- In September 2020, many of the hospitals and healthcare firms operating in United States were infected by RYUK ransomware.

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Malware Social Engineering Banking Phishing 122

The Last Watchdog

APRIL 14, 2022

This type of targeted phishing or whaling (executive-level) attack tricks email recipients into believing someone they know and trust is asking them to carry out a specific financial task. Today’s BEC attempts aren’t the easy-to-spot, typo-laden phishing campaigns of the past. The short answer: Not always. Planned attacks.

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Phishing Accountability Scams Social Engineering 247

Malwarebytes

OCTOBER 15, 2023

According to Shadow, no passwords or sensitive banking data have been compromised. Shadow says the incident happened at the end of September, and was the result of a social engineering attack on a Shadow employee. Enable multi-factor authentication (MFA). MFA that relies on a FIDO2 device can’t be phished.

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Data breaches Passwords Phishing Social Engineering 103

Approachable Cyber Threats

MARCH 22, 2021

People aren’t taking the time to verify the authenticity of email senders and often click on links, open attachments, or even fill out forms without a second of thought. Through phishing. What’s phishing again?” Phishing is a specific type of cyber attack through which hackers and scammers use email to trick you.

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Phishing Education Authentication Passwords 98

SecureList

FEBRUARY 16, 2023

Short-lived phishing sites often offered to see the premieres before the eagerly awaited movie or television show was scheduled to hit the screen. Soccer fans chasing merchandise risked compromising their bank cards or just losing some money. Those who just could not wait were in for a disappointment and a waste of cash.

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Phishing Scams Accountability Energy and Utilities 90

Security Affairs

SEPTEMBER 15, 2022

Threat actors used employees’ publicly-available Personally Identifiable Information (PII) and social engineering techniques to impersonate victims and obtain access to files, healthcare portals, payment information, and websites. million payments. ” reads the alert. The attacker stole $3.1 million with this attack.

Healthcare 79

Healthcare Social Engineering Accountability Passwords 79

SecureWorld News

AUGUST 2, 2021

Earlier this year, Robinhood sent out a message to its users, warning of some phishing emails claiming to be a "Security Alert" with links to fake Robinhood websites. Phishing attempts come via email where scammers use different social engineering tactics to pose as a reputable sender like the IRS, your bank or brokerage firm.

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Phishing Social Engineering Scams Identity Theft 89

Malwarebytes

SEPTEMBER 30, 2021

Two-factor authentication is a great way to protect your online accounts, and we always recommend you turn it on. Yesterday, security intelligence firm, Intel 147, revealed it had noticed an uptick of activity in threat actors providing access to services in Telegram that circumvent two-factor authentication (2FA) methods.

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Social Engineering Banking Authentication Passwords 91

IT Security Guru

MARCH 31, 2023

Phishing attacks, malicious links and social engineering are just a few of the tricks used by cybercriminals to obtain credentials and other valuable information. Phishing attacks are the one of the most common attack vectors used by cybercriminals.

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Social Engineering Cybersecurity Engineering Media 101

Security Boulevard

AUGUST 15, 2023

New capabilities fix security issues with MFA push notifications Zero Trust security models call for the use of multi-factor authentication (MFA) to ensure that only authorized users may access protected IT resources. If such an attack is successful, the victim's apps, including banking apps, can be activated on the impersonator's phone.

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Authentication Social Engineering Passwords Accountability 98

Webroot

JUNE 2, 2022

Phishing and social engineering. Gaming is now an online social activity. If you have a gaming account with Steam, Epic, or another large gaming platform, take steps to keep it safe just as you would a banking or social media account. Watch for phishing and social engineering.

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Cyber threats Social Engineering Accountability Malware 99

Identity IQ

JANUARY 11, 2024

These sophisticated scams exploit our inherent trust in familiar faces and voices, making them dangerous tools for fake news, celebrity endorsements, and social engineering scams. Imagine receiving a video call from your “bank manager” urging you to share sensitive financial information.

Scams 98

Scams Artificial Intelligence Identity Theft Phishing 98

Security Affairs

APRIL 6, 2023

The experts pointed out that crooks engaged in phishing activities have started to rely on the popular instant messaging platform more in recent months. On Telegram is possible to find channels that offer: Free phishing kits that can be used to target users of a large number of global and local brands. ” Phishing-as-a-Service.

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Phishing Scams Social Engineering Banking 90

CyberSecurity Insiders

JULY 21, 2021

The vast majority of cyberattacks rely on social engineering – the deception and manipulation of victims to coerce them into either opening malware or voluntarily providing sensitive information. Know how to identify a phishing attack. Use all the cybersecurity tools at your disposal.

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Social Engineering Password Management Passwords Phishing 145

Security Affairs

JANUARY 3, 2024

Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. Upon detection, it alters the banking information of the intended recipient (like the victim’s supplier) to details specified by the perpetrator.

Artificial Intelligence 116

Artificial Intelligence Banking Scams Cybercrime 116

Identity IQ

OCTOBER 3, 2023

Two-Factor Authentication Two-factor authentication , also known as 2FA, is a security process that requires two different methods of identity verification. Military personnel should consider enabling two-factor authentication for their email, banking, and social media accounts.

Identity Theft 102

Identity Theft Social Engineering Passwords Media 102

The Last Watchdog

JUNE 1, 2021

It is an online scam attack quite similar to Phishing. The term Pharming is a combination of two words Phishing and Farming. It is a type of social engineering cyberattack in which the website’s traffic is manipulated to steal confidential credentials from the users. Pharming vs phishing. DNS Poisoning.

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DNS Phishing Social Engineering Cyber Attacks 214

Duo's Security Blog

OCTOBER 4, 2023

Enabling multi-factor authentication 3. Recognizing and reporting phishing 4. This week’s topic, on passwords, is something most of us encounter in our daily lives, whether we’re logging into a banking site as a consumer, or into a work computer as an employee. For more information, see NIST Digital Identity Guidelines.

Password Management 113

Password Management Passwords Authentication Social Engineering 113

Dark Reading

DECEMBER 18, 2012

Without it, or worse, relying on unvalidated resources like personal identifiable information (PII) to identify customers, puts every banking transaction at risk. The recent article, “$850 Million Scheme Exploited Facebook: Authentication, Secure Browsing Would Have Reduced Losses,” illustrates just how important customer authentication is.

Banking 40

Banking Authentication Risk Identity Theft 40

Security Through Education

OCTOBER 27, 2021

This begs the question, could a bank teller do the same if given some basic exposure to this training? Social-Engineer, LLC saw an almost 350% increase in recognition of phishing emails when using a similar training platform in 2020. What about a C-level executive? Cybersecurity Should Never be an Afterthought.

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Cybersecurity Social Engineering Firewall Engineering 137

Appknox

JUNE 23, 2022

Thus, these Australian attacks significantly contribute to the rising trend in socially engineered attacks. Cryptocurrency and NFT attacks are rising as decentralized finance, and digital art assets become sophisticated socially engineered threats. Common Trends Among the Australian Mobile Threats.

Social Engineering 92

Social Engineering Mobile Scams Engineering 92

eSecurity Planet

SEPTEMBER 14, 2022

As a matter of fact, the most-reported crime in the 2021 Internet Crime Report report was phishing , a social engineering scam wherein the victim receives a deceptive message from someone in an attempt to get the victim to reveal personal information or account credentials or to trick them into downloading malware.

Social Engineering 120

Social Engineering Energy and Utilities Phishing Scams 120

The Last Watchdog

AUGUST 19, 2021

The attacker claims to have compromised an end-of-lifed GPRS system that was exposed to the internet and was able to pivot from it to the internal network, where they were able to launch a brute force authentication attack against internal systems. Could be phished credentials. We all know security is hard. Could be a bad actor.

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Mobile Data breaches Authentication Accountability 306

The Last Watchdog

FEBRUARY 3, 2021

We may think we know how to recognize a social engineering attack or phishing email, but with the amount of information available to attackers through open platforms and stolen information, they may know far more about us than we realize. Bill Santos, President and COO, Cerberus Sentinel.

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Phishing Hacking Accountability Social Engineering 252

Malwarebytes

JULY 18, 2023

Fake customer support on social media is one current major area of concern. This is often aimed at banking customers looking for assistance. The risk of this has increased since Twitter started charging for blue checkmarks, as many legitimate accounts now sport no visible means of authentication.

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Social Engineering Accountability Scams Banking 74