Malwarebytes

JANUARY 11, 2022

The group is behind major attacks such as the notorious colonial pipeline ransomware incident. There’s elements of social engineering involved, too. Social engineering their way to USB victory. The sticks have been sent to “ US businesses in the transportation, insurance, and defence industries ”.

Ransomware 97

Ransomware Social Engineering Malware Engineering 97

SecureWorld News

MAY 5, 2023

The City of Dallas, Texas, was forced to shut down police communications and IT systems on Monday morning, May 1, due to a suspected ransomware attack. Subsequently, the City has confirmed that a number of servers have been compromised with ransomware, impacting several functional areas, including the Dallas Police Department Website."

Ransomware 86

Ransomware Cyber Risk Cyber Insurance Social Engineering 86

SecureList

NOVEMBER 9, 2022

Supply-chain will become more of a sweet spot for targeted ransomware and state-sponsored espionage campaigns. Businesses will still be mostly concerned with ransomware. We can therefore expect that cybercrime groups from either block will feel safe to attack companies from the opposing side.

Cybersecurity 128

Cybersecurity Cyber Insurance Cybercrime IoT 128

Malwarebytes

MARCH 10, 2021

The REvil ransomware (AKA Sodinokibi , which operates as a Ransomware as a Service ) is adopting some outreach techniques after initial compromise , designed to shame victims into paying up. Malware authors and social engineers have relied on shame and the threat of exposure for years. Shaming victims into action.

Ransomware 115

Ransomware Insurance Cyber Insurance Social Engineering 115

SecureWorld News

OCTOBER 4, 2021

Still, little was reported about the details of the cyber incident, including who the attackers are, how the cyberattack happened, and the social engineering methods used to make the email look official. Peterborough has insurance through NH Primex. BEC attacks continue, with less fanfare than ransomware.

Insurance 81

Insurance Ransomware Social Engineering Cybercrime 81

The Last Watchdog

OCTOBER 5, 2023

He previously chronicled the emergence of cybercrime while covering Microsoft for USA TODAY. Byron: The economic impact of phishing, ransomware, business logic hacking, Business Email Compromise (BEC) and Distributed Denial of Service (DDoS) attacks continues to be devastating. Leadership should prioritize cybersecurity at all levels.

Cyber threats 203

Cyber threats Cyber Insurance Cybersecurity Threat Detection 203

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. Finance and insurance finished a close second at 22.4%. Finance and insurance companies were particularly vulnerable to the sort of phishing scams we’re talking about. Given how lucrative and necessary both sectors are to daily life, they make prime targets for ransomware.

Social Engineering 119

Social Engineering Energy and Utilities Phishing Scams 119

Identity IQ

DECEMBER 20, 2023

This signals a new era of cybercrime where private data becomes prized currency, putting every email address and credit card number at risk. Major Breaches of 2023 Casino operator attacks: Casino giants MGM and Caesars were hit by disruptive cyberattacks in September involving concerning tactics such as social engineering.

Data breaches 72

Data breaches Identity Theft Cybercrime Social Engineering 72

Security Affairs

FEBRUARY 26, 2023

Clasiopa group targets materials research in Asia CERT of Ukraine says Russia-linked APT backdoored multiple govt sites UK won the Military Cyberwarfare exercise Defence Cyber Marvel 2 (DCM2) CISA warns of disruptive attacks amid the anniversary of Russia’s invasion of Ukraine Highly evasive cryptocurrency miner targets macOS Hackers are actively exploiting (..)

Social Engineering 80

Social Engineering Cryptocurrency Insurance Malware 80

SecureWorld News

APRIL 1, 2021

Ransomware has been one of the hottest topics in cybersecurity during the last year. A storm made more severe by the pandemic, with so many employees working remotely, exacerbating the risk of ransomware. However, there are other contributing factors to the rise in ransomware the world witnessed in 2020.

Ransomware 57

Ransomware Cyber Insurance Social Engineering Cybercrime 57

BH Consulting

JUNE 13, 2023

Almost three-quarters of breaches (74 per cent) involve the human element through error, social engineering, stolen credentials or misusing privileges. Half of all social engineering attacks involve ‘pretexting’, where criminals fabricate a story to trick the victim. When is a cybersecurity incident a GDPR data breach?

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

BH Consulting

NOVEMBER 15, 2022

He analysed ten years of ransomware and found the problem, in terms of volume and frequency, was in 2014. “So So something good is already happening… We’ve already survived peak ransomware in the historical view,” he said. Ransomware: don’t pay later. He also warned against using insurance payouts to cover losses.

Social Engineering 59

Social Engineering Insurance CISO Ransomware 59

Security Affairs

APRIL 28, 2022

Cybercrime gang FIN7’s badUSB attacks serve as a reminder of two key vulnerabilities present among all organizations. Social engineering is a prerequisite to almost all cyberattacks. As FIN7 demonstrated, it was because of social engineering that the attacks were successful.

Social Engineering 90

Social Engineering Engineering Insurance DDOS 90

Malwarebytes

FEBRUARY 3, 2023

As the reports covering all of 2022 start trickling in, we can see that cybercrime and other types of fraud had a major impact last year. Businesses Many financials not only carry the burden of protecting their customers, but are also at risk of falling victim to cybercrime themselves.

Scams 76

Scams Banking Cyber Insurance Cybercrime 76

Security Boulevard

APRIL 23, 2021

It is the gateway to many types of damaging cyberattack including ransomware, malware, business email compromise (BEC), spoofing, identity theft, brand impersonation and credential compromise. A massive, far-reaching ransomware incident at cloud computing giant BlackBaud also started as phishing. Phishing doesn’t discriminate.

Phishing 101

Phishing Scams Media Backups 101

BH Consulting

OCTOBER 6, 2022

Banks and insurance companies are telling customers to be wary of scam messages. The Gardaí and the Irish National Cyber Crime Centre recently alerted small and medium businesses of an increased threat of ransomware attacks. . Social engineering techniques, such as phishing, target not the systems but the people using them.

Security Awareness 52

Security Awareness Phishing Scams Social Engineering 52

SecureWorld News

OCTOBER 19, 2023

Increased risk of cyberattacks The rising cost of living can lead to an increase in cybercrime, as people become more desperate to make money. As cyber threats surge, the expenses associated with cyber insurance rise, adding to the financial strain. Global Security Mag confirmed that "ransomware attackers extorted $456.8

Cybersecurity 81

Cybersecurity CISO Education Phishing 81

Security Through Education

APRIL 7, 2021

Healthcare sees 580% jump in ransomware attacks. ” “Cybercrime apparently cost the world over $1 trillion in 2020.” Social Security number. Personal health information, including Medicare and/or private health insurance information. They are trying to steal your personal and health insurance information.

Scams 92

Scams Computers and Electronics Insurance Social Engineering 92

SecureWorld News

NOVEMBER 1, 2021

Americans’ personal information, stolen en masse by state-backed actors and online gangs alike, is being weaponized via increasingly sophisticated social engineering or disinformation campaigns. Criminals and extremists similarly can threaten unprecedented levels of disruption and coercion.

Cybersecurity 77

Cybersecurity Government Cyber Insurance Technology 77

Adam Levin

MARCH 16, 2020

Consider that the average cost for a ransomware attack against a business is about $4,400, and your run of the mill phishing incident weighs in at a much less hefty $500. Most importantly, the FBI encourages victims of cybercrime to continue to file reports to law enforcement. billion in BEC scam-related losses the year before. .

Scams 130

Scams Identity Theft Phishing Accountability 130

Security Boulevard

JUNE 26, 2023

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. Health Insurance Portability and Accountability Act (HIPAA).

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

SecureList

JUNE 26, 2023

According to a report by the Barracuda cybersecurity company, in 2021, businesses with fewer than 100 employees experienced far more social engineering attacks than larger ones. That same year saw one of the worst ransomware incidents in history, the Kaseya VSA supply-chain attack. Scammers often reach employees by e-mail.

Cybercrime 91

Cybercrime Phishing Banking Malware 91

The Last Watchdog

DECEMBER 12, 2023

Camellia Chan , Co-Founder and CEO, Flexxon Chan In a single month, major breaches hit MGM, DP World Australia, Philippine Health Insurance – just to name a few. The majority of ransomware attacks gained initial access by defeating legacy MFA. I really feel as though the bad guys have the upper hand. For 2024, it will take a village!

Cybersecurity 258

Cybersecurity Social Engineering Cyber threats Software 258

Krebs on Security

DECEMBER 29, 2022

Here’s a look at some of the more notable cybercrime stories from the past year, as covered by KrebsOnSecurity and elsewhere. 24, Russia invades Ukraine, and fault lines quickly begin to appear in the cybercrime underground. Tank, seen here performing as a DJ in Ukraine in an undated photo from social media.

Cryptocurrency 229

Cryptocurrency Cybercrime Computers and Electronics Scams 229

Security Boulevard

JANUARY 18, 2024

Attackers will leverage AI for more scalable and effective social engineering attacks, disinformation campaigns, vulnerability discovery, and exploit amplification. Eventually, risk management, resource allocation optimization, and insurance modeling will benefit as a result. In 2024: 1. In 2024: 1.

Risk 115

Risk Cybersecurity CISO Technology 115

Adam Levin

DECEMBER 7, 2020

Many of the contact tracing scams of 2020 similarly followed social engineering scripts that have been used in taxpayer identity theft schemes since the 1990s as well. 2020 saw a record number of ransomware attacks, and we can expect more of the same in 2021.

IoT 130

IoT Artificial Intelligence Technology Scams 130

SecureList

JULY 29, 2021

BlackShadow is a threat group that became known after exfiltrating sensitive documents from Shirbit, an Israeli insurance company, and demanding a ransom in exchange for not releasing the information in its possession. Notably, in addition to the final backdoor, we discovered one victim infected with custom ransomware. Middle East.

Malware 143

Malware Phishing Password Management Social Engineering 143

Malwarebytes

MAY 21, 2023

ChatGPT can step in to offer insights on identifying the latest scams, avoiding social engineering pitfalls, and setting stronger passwords in concise, conversational text that may be more effective than a lecture or slide presentation.

Cybersecurity 71

Cybersecurity Artificial Intelligence Social Engineering Engineering 71