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Octo Tempest cybercriminal group is "a growing concern"—Microsoft

Malwarebytes

Octo Tempest is believed to be a group of native English speaking cybercriminals that uses social engineering campaigns to compromise organizations all over the world. This can be done in a number of ways, but the most common ones involve social engineering attacks on the victim's carrier.

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Top 5 Industries Most Vulnerable to Data Breaches in 2023

Security Boulevard

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. The end result of these types of cyber attacks are often highly public and damaging data breaches.

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Cyber Security Awareness and Risk Management

Spinone

Social engineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016. VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyber threat.