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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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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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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. Not to mention the heightened cyber awareness and risk mitigation across businesses and industries.

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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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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. Some 74 percent of cyber breaches are caused by human factors, including errors, stolen credentials, misuse of access privileges, or social engineering.

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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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AI Will Fuel Rise in Ransomware, UK Cyber Agency Says

Security Boulevard

The accelerating innovation of generative AI will increase the risks of ransomware and other cyberthreats over the next two years as bad actors integrate the technologies into their nefarious operations, according to a report this week from the UK’s top cybersecurity agency.