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Wanted: Disgruntled Employees to Deploy Ransomware

Krebs on Security

According to the latest figures (PDF) released by the FBI Internet Crime Complaint Center (IC3), the reported losses from BEC scams continue to dwarf other cybercrime loss categories, increasing to $1.86 billion in 2020. . For example, the Lockbit 2.0 “Would you like to earn millions of dollars?

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BEST PRACTICES: Mock attacks help local agencies, schools prepare for targeted cyber scams

The Last Watchdog

This can make them particularly susceptible to social engineering trickery, the trigger for online extortion and fraud campaigns, Bastable told me. These scams rely on the failure of a subordinate employee to recognize a cleverly spoofed email directive. The total stolen: $2.3 The FBI is investigating. No arrests have been made.

Scams 147
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Scams 101: All you need to know to protect against online fraud and identity theft

Hot for Security

Internet scams are everywhere, inflicting billions of dollars in reported losses from victims each year. Anyone can fall for online scams, as tactics are tailored to the interests of all age groups. Let’s take a closer look at some of the most common scams: Coronavirus-related scams.

Scams 116
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Text-based fraud: from 419 scams to vishing

SecureList

E-mail scammers typically combine social engineering with technical skills to bypass spam filters and persuade the recipient to reply. But there is a specific class of attacks that is technically stuck somewhere in the late 90s/early 00s, in the era of CRT monitors and sluggish internet: we are talking about text-based fraud.

Scams 103
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How to handle personal data of students

CyberSecurity Insiders

Sensitive info should always be encrypted, as it helps to prevent data spillage while being stored and transmitted. Following basic cybersecurity hygiene by students and staff while sharing the data is also important, as it avoids being targeted by phishing scams or other type of social engineering attacks.

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Safer Internet Day: The importance of training employees to keep organizations safe

CyberSecurity Insiders

Safer Internet Day is a reminder for organizations to train and regularly refresh employee awareness around cybersecurity. With regular headlines of the latest cyber-attack occurring, organizations must focus on cybersecurity and using the internet safely. So why is it vital to train employees on cybersecurity and internet risks?

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

2022 that an intrusion had exposed a “limited number” of Twilio customer accounts through a sophisticated social engineering attack designed to steal employee credentials. LastPass said criminal hackers had stolen encrypted copies of some password vaults, as well as other personal information.