CyberSecurity Insiders

OCTOBER 14, 2021

The FBI recently published a warning stating that ransomware gang OnePercent Group has been attacking companies in the US since November 2020. This gang of cybercriminals targets individuals within an organization with social engineering tactics designed to fool them into opening a document from a ZIP file attached to an email.

Social Engineering 133

Social Engineering Ransomware Engineering Phishing 133

Krebs on Security

JANUARY 30, 2024

2022 that an intrusion had exposed a “limited number” of Twilio customer accounts through a sophisticated social engineering attack designed to steal employee credentials. “Brickings” are among the “violence-as-a-service” offerings broadly available on many cybercrime channels.

Social Engineering 326

Social Engineering Mobile Cybercrime Passwords 326

Security Affairs

APRIL 8, 2024

The Health Sector Cybersecurity Coordination Center (HC3) recently observed threat actors using sophisticated social engineering tactics to target IT help desks in the health sector. The attack aimed at the infection of the target infrastructure with the ALPHV (also known as BlackCat) ransomware.

Social Engineering 103

Social Engineering Healthcare Engineering Accountability 103

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. billion in BEC scam-related losses the year before. The report also noted an uptick in BEC scams targeting payroll funds in 2019.

Scams 130

Scams Identity Theft Phishing Accountability 130

SecureWorld News

MARCH 22, 2021

The FBI notes that the Internet Crime Complaint Center (IC3) has been key to its mission to track cybercrimes. The IC3 "provides the public with a trustworthy source for information on cyber criminal activity," and also is a useful tool for victims to report a cybercrime. The IC3 received 19,369 reports of BEC/EAC scams in 2020. "In

Cybercrime 54

Cybercrime Scams Banking Accountability 54

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 90

Cybercrime Phishing Banking Malware 90

Malwarebytes

JUNE 8, 2021

A Latvian woman has been charged for their alleged role in a transnational cybercrime organisation. Money mules and spear phishing are thrown into the mix alongside social engineering and international theft of money, personal, and confidential information. Ransomware would also be deployed, for that final splash of cash.

Cybercrime 108

Cybercrime Malware Banking Phishing 108

SecureWorld News

DECEMBER 2, 2021

Ransomware is always the current golden child when it comes to malicious cyberattacks, but did you know that business email compromise (BEC) attacks cost the world more? Ransomware is kind of one of those kitchen table sort of topics. BEC losses during the last five years total at least $36 billion.

Cybercrime 77

Cybercrime Healthcare Social Engineering Banking 77

Security Affairs

OCTOBER 30, 2021

INTERPOL published the African Cyberthreat Assessment Report 2021, a report that analyzes evolution of cybercrime in Africa. A new report published by INTERPOL, titled the African Cyberthreat Assessment Report 2021 , sheds the light on cybercrime in Africa. of the overall number.

Cybercrime 76

Cybercrime Scams DDOS Banking 76

The Last Watchdog

APRIL 28, 2020

Related: Coronavirus scams leverage email As we get deeper into dealing with the coronavirus outbreak, the need for authorities and experts to communicate reliably and effectively with each other, as well as to the general public, is vital. That, of course, presents the perfect environment for cybercrime that pivots off social engineering.

Social Engineering 174

Social Engineering Cyber Attacks Scams Engineering 174

The Last Watchdog

JUNE 21, 2020

Ransomware is undoubtedly one of the most unnerving phenomena in the cyber threat landscape. Related: What local government can do to repel ransomware Ransomware came into existence in 1989 as a primitive program dubbed the AIDS Trojan that was spreading via 5.25-inch inch diskettes. inch diskettes. FBI spoofs 2012 – 2013.

Ransomware 243

Ransomware Hacking Encryption Penetration Testing 243

Security Affairs

FEBRUARY 3, 2019

A sextortion scam campaign attempts to trick victims into believing that the adult site Xvideos.com was hacked and that crooks recorded its visitors. The creativity of cybercriminals is inexhaustible, a new variant of sextortion scam appeared in the threat landscape. SecurityAffairs – cybercrime, spam). 95 bitcoins ($3,200).

Scams 75

Scams Social Engineering Data breaches Advertising 75

SecureWorld News

OCTOBER 18, 2022

But SecureWorld did just that on October 13th when we spoke with Theresa Payton on the topic of "Ransomware: Malware as an Ongoing Email Issue." Why is ransomware a popular attack method? Payton said it's still prominent simply "because it works for ransomware syndicates. Social engagement works; it's very sneaky," he said.

Ransomware 86

Ransomware Insurance CISO Social Engineering 86

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. million (roughly $750 million) through authorized and unauthorized fraud and scams in the UK alone. This includes fraudulent advertising on search engines, fake websites and posts on social media.

Scams 82

Scams Banking Cyber Insurance Cybercrime 82

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 239

Cryptocurrency Cybercrime Computers and Electronics Scams 239

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. There are dozens if not hundreds of types of scams out there, but we’re going to focus on the scams most likely to affect a business, such as phishing or business email compromise (BEC). In 2020 alone, 79 ransomware attacks were conducted against government entities in the U.S.,

Social Engineering 117

Social Engineering Energy and Utilities Phishing Scams 117

Security Boulevard

JANUARY 2, 2024

This past year set a profound stage, from the advent of stringent cyber regulations to the convergence of generative AI, social engineering, and ransomware. Rampant ransomware — again The pervasive impact of ransomware resonated widely in 2023. million and an average payment exceeding $100,000.

CISO 104

CISO Social Engineering Architecture Ransomware 104

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.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

SecureList

NOVEMBER 23, 2021

The COVID-19 pandemic is likely to cause a massive wave of poverty, and that invariably translates into more people resorting to crime, including cybercrime. Advanced threat actors from countries placed under economic sanctions may rely more on ransomware imitating cybercriminal activity. Analysis of forecasts for 2021.

Cryptocurrency 112

Cryptocurrency Banking Cybercrime Ransomware 112

Krebs on Security

OCTOBER 25, 2018

The fraudsters behind the often laughable Nigerian prince email scams have long since branched out into far more serious and lucrative forms of fraud, including account takeovers, phishing, dating scams, and malware deployment. The FBI says BEC scams netted thieves more than $12 billion between 2013 and 2018.

Scams 191

Scams Accountability Media Banking 191

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

Webroot

JANUARY 7, 2022

The cybercrime marketplace also continued to get more robust while the barrier to entry for malicious actors continued to drop. This has created a perfect breeding ground for aspiring cybercriminals and organized cybercrime groups that support newcomers with venture capitalist-style funding. “In Ransomware. Cryptocurrency.

Cybercrime 105

Cybercrime Phishing Ransomware Cryptocurrency 105

Identity IQ

DECEMBER 20, 2023

Businesses faced constant threats with phishing scams , malware , and other tactics. This signals a new era of cybercrime where private data becomes prized currency, putting every email address and credit card number at risk. But the numbers alone tell only part of the story.

Data breaches 66

Data breaches Identity Theft Cybercrime Social Engineering 66

SecureList

MAY 6, 2024

A significant share of scam, phishing and malware attacks is about money. Financial phishing In 2023, online fraudsters continued to lure users to phishing and scam pages that mimicked the websites of popular brands and financial organizations. Money is what always attracts cybercriminals.

Phishing 100

Phishing Banking Mobile Scams 100

Security Through Education

APRIL 7, 2021

Healthcare sees 580% jump in ransomware attacks. ” “Cybercrime apparently cost the world over $1 trillion in 2020.” Two specific vishing scams that show the current impact of COVID-19 on security are COVID-19 and tech support scams. COVID-19 Scams. Tech Support Scams.

Scams 92

Scams Computers and Electronics Insurance Social Engineering 92

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

Security Affairs

MAY 18, 2022

The increasing popularity of cryptocurrency is attracting cybercrime that is using different means to target the cryptocurrency industry. Ransomware. Experts also warn of scams and other social engineering attacks that cybercriminals use to trick victims into sending funds to the attackers’ wallets.

Cryptocurrency 86

Cryptocurrency Social Engineering Malware Cybercrime 86

Identity IQ

FEBRUARY 7, 2023

One of the most common techniques used to exploit web users is the phishing scam. If successful, criminals can use this sensitive information to steal from the company or impersonate the executive to scam other company employees. Social Media Phishing. What is Phishing? Clone Phishing. Microsoft 365 Phishing.

Phishing 98

Phishing Identity Theft Scams Banking 98

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 118

Ransomware Insurance Cyber Insurance Social Engineering 118

SecureList

NOVEMBER 22, 2022

As the financial threat landscape has been dramatically evolving over the past few years, with the expansion of such activities as ransomware or cryptofraud, we believe it is no longer sufficient to look at the threats to traditional financial institutions (like banks), but rather assess financial threats as a whole.

Cryptocurrency 92

Cryptocurrency Mobile Ransomware Banking 92

CyberSecurity Insiders

JUNE 25, 2022

Social engineering. Social engineering is a method of attack in which a malicious person uses psychological manipulation to induce specific actions. Unlike other hacking attacks, this method does not use engineered systems or state-of-the-art software. Phishing and spear-phishing are types of scams.

Cybersecurity 137

Cybersecurity Social Engineering Phishing Engineering 137

SecureWorld News

MARCH 1, 2023

To top it off, the average amount of money requested in wire transfer business email compromise (BEC) scams reached a whopping $93,881. It comes as no surprise that Trojan downloaders and ransomware are becoming inalienable components of a phisher's repertoire. Yet another step in prepping for the attack is to proofread the email.

Phishing 82

Phishing Social Engineering Scams Security Awareness 82

eSecurity Planet

MAY 3, 2022

According to Group-IB, the likelihood of the database systems being used in cybercrime and security breaches is high. The CRI study noted five major cyber threats: Social engineering and phishing attacks that gain entrance to networks via scam emails with malicious attachments or links. Ransomware.

Social Engineering 126

Social Engineering Internet Internet Risk 126

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. BEC attacks continue, with less fanfare than ransomware. What new developments will arise from this case?

Insurance 74

Insurance Ransomware Social Engineering Cybercrime 74

eSecurity Planet

DECEMBER 19, 2023

Cybercrime will go to the next level: Cyberattackers will implement improved skills, “shift left” attacks, and shifting strategies to adjust to evolving cyberdefense. 2023 cybersecurity issues will continue: Weak IT fundamentals, poor cybersecurity awareness, and ransomware will still cause problems and make headlines.

Cybersecurity 140

Cybersecurity CISO Government Technology 140

Webroot

FEBRUARY 11, 2021

As we mentioned in a previous blog , hackers come in many forms, but their methods can generally be classified into three distinct types of cybercriminals: The Impersonator – Hackers that pretend to be others, often using social engineering and human psychology to trick users. Let’s look at a few primary examples.

Scams 108

Scams Phishing Firewall Social Engineering 108

Adam Levin

DECEMBER 7, 2020

The massive shift to work from home in response to the Covid-19 pandemic has meant a rush to secure a wider range of home devices and networks, and an instant spike in demand for training and services that protect employees in identifying attempted cyberattacks and scams. Economic stimulus checks were targeted.

IoT 130

IoT Artificial Intelligence Technology Scams 130