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Lets dive into the key findings from this period and explore how organizations in this sector can strengthen their defenses against rising cyberthreats. Nearly half of phishing emails targeting the sector (44%) contained credential harvestersfake login pages designed to steal user credentials.
Phishing, infostealer malware, ransomware, supply chain attacks, data breaches and crypto-related attacks are among the top evolving threats in the financial sector, says Sekoia.
The growing sophistication of cyberthreats demands robust identity assurance solutions that include multifactor authentication, risk monitoring and adaptive verification collectively forming multi-factor verification (MFV.) AI-powered cryptocurrency attacks will automate phishing and exploit vulnerabilities.
Since 2021, the Crazy Evil gang has become a major cybercriminal group, using phishing, identity fraud, and malware to steal cryptocurrency. “Targeting of Cryptocurrency Users and Influencers: Crazy Evil explicitly victimizes the cryptocurrency space with bespoke spearphishing lures.”
On February 21, 2025, the cryptocurrency world was rocked by the largest crypto heist in history. billion theft from Bybit is set to drastically reshape the cryptocurrency sector, most likely leading to a new era of regulatory scrutiny and security practices. billion in crypto assets.
Were thrilled to unveil our latest threat landscape report for the finance and insurance sector, offering in-depth analysis of the evolving cyberthreats facing this industry. Use early detection tools like honeypots or CanaryTokens to counter attackers using tools like Nmap and Angry IP Scanner.
CISA adds Palo Alto Networks Expedition bugs to its Known Exploited Vulnerabilities catalog Hackers target critical flaw CVE-2024-10914 in EOL D-Link NAS Devices China-linked threat actors compromised multiple telecos and spied on a limited number of U.S.
Phishing is a great example of this, with it evolving from simple email scams to more malicious and carefully thought-out attacks. As more people shift to online financial platforms or cryptocurrencies, digital wallets have become a common target for phishing scams.
Top cybercrime categories: Phishing/spoofing: 193,407 complaints Extortion: 86,415 complaints Personal data breaches: 64,882 complaints Cryptocurrency-related scams: Nearly 150,000 complaints involved cryptocurrency, accounting for $9.3 The IC3 received 859,532 complaints, with an average loss of $19,372 per complaint.
On June 18th, the same group drained and "burned" more than $90 million in cryptocurrency from Nobitex, Iran's la rgest crypto exchange. Iranian cyber activity has not been as extensive outside of the Middle East but could shift. Update detection rules for wipers, destructive malware, and insider reconnaissance.
Some members argue over whether to use targeted phishing or mass spam campaigns, while others vent frustrations about leadership. The leak revealed how Black Basta laundered these payments, often using compromised bank accounts and cryptocurrency mixers to cover their tracks. -based Capita, among others. Executes attacks.
“Frappo” acts as a Phishing-as-a-Service and enables cybercriminals the ability to host and generate high-quality phishing pages which impersonate major online banking, e-commerce, popular retailers, and online-services to steal customer data.
To lower their overhead and boost the appearance of legitimacy, attackers are compromising business networks and devices to host phishing campaigns, malware, or even use their computing power to mine cryptocurrency.". At the same time, cybercriminals are becoming more frugal.
Introduction Cryptocurrency represents a groundbreaking innovation in the financial sector, offering decentralized, peer-to-peer digital transactions through blockchain technology. However, the allure of these digital assets also attracts malicious actors, making cryptocurrency security paramount.
G7 Finance ministers expressed concern on Tuesday over the rise in ransomware attacks during the Covid-19 pandemic, including some involving cryptocurrencies. Cyberthreats cause significant economic damage and threaten customer protection and data privacy. ” reads the ransomware Annex to the G7 statement.
Another major concern is the impact on blockchain security and digital trust, as quantum computers may eventually emphasize elliptic curve cryptography (ECC), threatening the integrity of cryptocurrencies, smart contracts, and financial transactions.
House banned WhatsApp on government devices due to security concerns Russia-linked APT28 use Signal chats to target Ukraine official with malware China-linked APT Salt Typhoon targets Canadian Telecom companies U.S.
Los Angeles County Metropolitan Transportation Authority, shortly known as METRO in association with City of Los Angeles, are offering a security app to safeguard public Wi-Fi users from cyberthreats lurking online. “LA Note- Now, to those who are not aware of the threats lurking in Public Wi-Fi, here’s a gist of them.
At the same time more employees are working from home and other remote locations, cyberthreats against their devices are on the rise. Ransomware attacks also are up, as is crypto-jacking, where a hacker hijacks an endpoint’s processing power to mine cryptocurrency. To read this article in full, please click here
This trend underscores the evolving threat landscape and the importance of continuous awareness and education on cybersecurity threats, including those that initially appear to be personal in nature. In 2021, losses to romance scams involving cryptocurrency were reported at $139 million .
The Raccoon stealer was first spotted in April 2019, it was designed to steal victims’ credit card data, email credentials, cryptocurrency wallets, and other sensitive data. FBI identified more than 50 million unique credentials and forms of identification (email addresses, bank accounts, cryptocurrency addresses, credit card numbers, etc.)
Cryptocurrency. There was no shortage of discussion surrounding cryptocurrency and its security flaws. The free operation of cryptocurrency exchanges and marketplaces will be significantly impacted by government regulation and criminal investigation in 2022, especially in the United States.
The 2022 SonicWall CyberThreat Report found that all types of cyberattacks increased in 2021. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 CEOs who say that cybersecurity is the biggest threat to short-term growth have doubled in the past year. Also read: Mobile Malware: Threats and Solutions.
The CISA warning explicitly states that its employees "will never contact you with a request to wire money, cash, cryptocurrency, or use gift cards and will never instruct you to keep the discussion secret." While the exact perpetrators are unclear, he suggested nation-state actors or "phishing-as-a-service" groups could be involved.
As we rely increasingly on digital technologies for our work, communication, entertainment, and education, we also expose ourselves to more and more cyber risks. But how much do we know about the cyberthreats we face daily? Phishing emails are more common than you know. How prepared are we to deal with them?
Security consulting firm Kroll revealed that a SIM-swapping attack against one of its employees caused the theft of user information for multiple cryptocurrency platforms. On August 19, 2023, the consulting firm became aware that threat actors targeted the T-Mobile phone number belonging to one of its employees.
For the past 3-4 years, North Korea has been funding Kim Jong’s Nuclear ambition by launching cyber attacks leading to data breaches, stealing cryptocurrencies from exchanges and individual wallets, selling illegal arms to internationally acclaimed criminals such as terrorists, and conducting money laundering crime.
The malware steals users’ credentials and assets such as cryptocurrency from digital wallets, as well as money from bank and finance apps. We look into an ongoing malware campaign we named TgToxic, targeting Android mobile users in Taiwan, Thailand, and Indonesia since July 2022.
Considering this, banks need to rethink their approach to protection against cyberthreats. In the new report, Group-IB experts described in detail the cyberthreats to the financial sector—active APT groups, tactics of the attackers, infection vectors, and new hacker tools. Defense is an outdated strategy.
On April 3 of this year, Google’s Threat Analysis Group (TAG) announced that APT43 was in-volved in cryptocurrency theft and digital currency laundering. Additionally, a new spying team named Archipelago, a subset of APT43, has emerged and is using phishing tactics to tar-get potential victims.
Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. This increase is likely driven by high employee turnover and easy access to phishing kits. Unsurprisingly, threat actors prefer to “work smart, not hard” to achieve their goals.
Key Findings 2024 was the year cyberthreats got quicker. Cyber attackers really picked up the pace, executing faster, more efficient breaches that pushed traditional defenses to their limits. Affiliates using IABs for access need to have non-traceable cryptocurrency and often a guarantor to facilitate purchase.
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. Technological tactics.
Likewise, lookalike and spoofed web domains and well-crafted phishing emails now easily trick employees into thinking they’re dealing with trustworthy sources. Ransomware usually starts with a phishing email. Keep up on the latest cyberthreats and monitor for lookalike/spoofed domains and registrations. A typical attack.
To infiltrate critical infrastructure networks hackers will continue to use phishing as one of their main tools, but the focus of attacks might shift to vulnerable network equipment connecting the network to the Internet. In 2017-2018 hackers’ interest in cryptocurrency exchanges ramped up. Attacks on Crypto.
It also serves as an easy access point for more advanced hackers and scammers to target specific organizations, or even harvest cryptocurrency. Earlier Raccoon Stealer campaigns allowed criminals to steal $13,200 worth of cryptocurrency and mine another $2,900 worth over a six month period, all for the cost of around $1,250. “So
The group employed sophisticated spear-phishing, watering hole attacks, and kernel-level malware to compromise the targets. RELATED: Cyber Powers: Ranking the Top 30 Nations by Capabilities, Intent ] "Advanced Persistent Threats, particularly those driven by state-level actors, are notoriously difficult to fully deter.
The audit proves what we've heard from many security leaders during our SecureWorld Remote Sessions : the pandemic and work from home have greatly increased the cyber attack surface and attack attempts. NASA cyberthreats: insiders, third-parties, nation-states. Did you even have the visibility to track them?
Since COVID-19 was declared a pandemic, spikes in online scams, fraud, identity theft, phishing and malware attacks have served as a constant reminder that individuals are waging war on two fronts.
It has been sold on underground hacker forums for stealing browser data, user credentials, and cryptocurrency information. LokiBot LokiBot is a Trojan malware for stealing sensitive information, including user credentials, cryptocurrency wallets, and other credentials. AZORult's developers are constantly updating its capabilities.
CISA is warning about a spear-phishing campaign that spreads malicious RDP files. And get the latest on CISA’s international plan, Interpol’s cyber crackdown and ransomware trends. 1 - CISA: Beware of nasty spear-phishing campaign Proactively restrict outbound remote-desktop protocol (RDP) connections.
In a week marked by digital discord, two influential Twitter accounts found themselves in the crosshairs of cyberthreats. Mandiant, a pillar in the Google Cloud ecosystem, disclosed that its X account was breached in a calculated cryptocurrency theft.
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