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How to protect your small business from social engineering

Malwarebytes

Both Staffin and his employer were victims of business email compromise (BEC) , also known as CEO fraud, a type of social engineering attack. Social engineering attacks are cyberattacks where a criminal tricks a victim into doing something against their interests, such as revealing sensitive information of making a bank transfer.

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Social Engineering 2.0: The Rise of Deepfake Phishing

SecureWorld News

And one of the most successful and increasingly prevalent ways of attack has come from social engineering, which is when criminals manipulate humans directly to gain access to confidential information. Social engineering is more sophisticated than ever, and its most advanced iteration is the topic of today's discussion: deepfakes.

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Ransomware realities in 2023: one employee mistake can cost a company millions

Security Affairs

What is the impact of ransomware on organizations? Based on Ransomlooker, a free Cybernews tool for monitoring the dark web and other hidden areas of the internet, 64% of organizations have already suffered from a ransomware attack. Why should employers educate employees about cyber security?

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GUEST ESSAY: How the ‘Scattered Spiders’ youthful ring defeated MFA to plunder Vegas

The Last Watchdog

That’s largely because the splashy headlines and online buzz created by bringing down the pair of casinos will only motivate more mid-level cybercriminals to follow Scattered Spiders’ model, putting wide-reaching businesses at risk of ransomware attacks due to the rise of ransomware-as-a-service models.

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Hive Ransomware group demands £500000 from School in England

CyberSecurity Insiders

Hive Ransomware group has reportedly locked down a school from digital access and is demanding £500,000 to free up data from encryption. What’s surprising about the incident is that the Hive Group has details that Wootton Educational Trust is covered under a cyber insurance and so is demanding the authorities to pay up huge i.e., £500,000.

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FBI warns of education sector credentials on dark web forums

Malwarebytes

The FBI is warning academics to be on their guard, as an embattled education sector continues to experience attacks and breaches, with data spilling onto the so-called dark web. Phishing, social engineering, and credential stuffing are often the end result. ” Keeping the education sector safe: an uphill struggle.

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GUEST ESSAY: Leveraging ‘zero trust’ and ‘remote access’ strategies to mitigate ransomware risks

The Last Watchdog

Ransomware? Well, the stats are even scarier with over 50% increase in ransomware attacks in 2021, compared to 2020. The media paid close attention to ransomware attacks last year, as they had a significant impact on Colonial Pipeline, the nation’s largest fuel distributor, and JBS, the nation’s largest meat distributor.