The past few years have shown us a tremendous shift in BEC attacks, which changed its strategies from Executive Impersonation to opting to impersonate third party vendors and suppliers instead. This shift has given the threat actors a plethora of additional trusted identities to exploit.
This Threat Intelligence...
Sophisticated bots can quickly and easily create many fake new user accounts. The accounts are either completely fake or are created using details where the real human is unaware of the fraud. These new phony accounts are then used to carry out malicious activity, such as payment fraud, special offers, discount abuse,...
Abnormal Security is out with new financial crimes research, and it
shows that traditional business email compromise is evolving into
new forms of financial supply chain compromise. Crane Hassold
shares insights on the crimes and how best to detect, deter and
respond to them.
In a video interview with Information...
Ransomware continues to pummel organizations, with the average ransom payment reaching $925,000 so far this year, but the aggregate financial impact of business email compromise attacks is even worse, says Wendi Whitmore, head of Unit 42 at Palo Alto Networks.
Abnormal Security is out with new financial crimes research, and it shows that traditional business email compromise is evolving into new forms of financial supply chain compromise. Crane Hassold shares insights on the crimes and how best to detect, deter and respond to them.
The new Expel Quarterly Threat Report provides even more data on what we’re seeing, detection opportunities, and resilience recs to help protect your organization — now on a quarterly basis.
At the start of 2021, vaccine rollout let people imagine an end to pandemic disruption. But some of the world’s smartest cyber criminals weren’t interested in returning to business as normal. Over the first half of the year, a series of ransomware attacks on global infrastructure pushed cybersecurity to the top of...
The latest edition of the ISMG Security Report discusses how the leader of a "transnational cybercrime syndicate" has been arrested in Nigeria, according to Interpol. It also shares updates on U.S. privacy laws and how we can improve collaboration as an industry.
A majority of financial institutions have reported a rise in account opening fraud and payment scams, which is expected to continue and cause losses for banks, says Trace Fooshee, strategic adviser at Aite-Novarica Group. He discusses new technologies to put in place to mitigate scam attacks.
The new Expel Quarterly Threat Report provides data on what we’re seeing,
detection opportunities, and resilience recs to help protect your organization.
We’ll dive into the trends in this report, based on incidents the Expel security
operations center (SOC) team identified through investigations into...
The new Expel Quarterly Threat Report provides data on what we’re seeing,
detection opportunities, and resilience recs to help protect your organization.
We’ll dive into the trends in this report, based on incidents the Expel security
operations center (SOC) team identified through investigations into...
If you were a nation with legions of hackers at your disposal, seeking to sidestep crippling international sanctions, would you look to ransomware to fund your regime? That question is posed by new research that finds state-sponsored North Korean hackers haven't stopped their ransomware experiments.
Transform attackers' favorite targets into your best defense
More than ever, attacks seek to exploit human vulnerabilities, not just technical flaws. In most cases, they do it through email. But you can transform every potential victim into a defensive choke point by making email reporting and remediation key parts...
Today’s sophisticated cyberattacks combine multiple tactics that include social engineering, zero-day malware and 3rd party OAuth app abuse. Threat actors employ tactics across email, cloud and web that target specific people in your organization to breach your environment and access sensitive data. Hybrid work...
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