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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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Wanted: Disgruntled Employees to Deploy Ransomware

Krebs on Security

Criminal hackers will try almost anything to get inside a profitable enterprise and secure a million-dollar payday from a ransomware infection. Abnormal Security documented how it tied the email back to a young man in Nigeria who acknowledged he was trying to save up money to help fund a new social network he is building called Sociogram. .”

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BEST PRACTICES: Mock phishing attacks prep employees to avoid being socially engineered

The Last Watchdog

Social engineering, especially phishing, continues to trigger the vast majority of breach attempts. Lucy’s’s software allows companies to easily set-up customizable mock attacks to test employees’ readiness to avoid phishing, ransomware and other attacks with a social engineering component. Talk more soon.

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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. One employee’s mistake can cost a company millions of dollars.

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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.

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MY TAKE: Why email security desperately needs retooling in this post-Covid 19, GenAI era

The Last Watchdog

It’s a digital swindle as old as the internet itself, and yet, as the data tells us, the vast majority of security incidents are still rooted in the low-tech art of social engineering. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be.

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Ransomware review: October 2023

Malwarebytes

This article is based on research by Marcelo Rivero, Malwarebytes' ransomware specialist, who monitors information published by ransomware gangs on their Dark Web sites. This provides the best overall picture of ransomware activity, but the true number of attacks is far higher.