A Nigerian national has been sentenced to 10 years in prison after pleading guilty to taking part in a business email compromise operation that extorted $11 million from its victims, according to the U.S. Department of Justice.
The decline in the total number of U.S. data breaches in 2020 isn't all good news; it reflects that hackers are changing their tactics, says James Lee of the Identity Theft Resource Center, who offers an analysis of the center's new data breach report.
Despite organizations adopting ‘secure’ email gateways and extensive employee training, 94% of cyber-attacks still start in the inbox. It’s clear a more advanced approach to email security is needed.
Able to spot the subtlest signals of attack, Darktrace Antigena Email recognizes malicious activity even...
Fraudsters are using Google forms to target retail, telecom, healthcare, energy and manufacturing companies in an apparent reconnaissance campaign to identify targets for a possible follow-up business email compromise attack.
Researchers at the security firm Proofpoint are tracking several fraud schemes leveraging COVID-19 vaccine-themed emails. The schemes include business email compromise scams, messages with malicious attachments and phishing emails designed to harvest credentials.
Email is still the #1 attack vector the bad guys use. A whopping 91% of cyberattacks start with a phishing email, but email hacking is much more than phishing and launching malware!
Join us as we explore 10 ways hackers use social engineering to trick your users into revealing sensitive data or enabling malicious...
Fraudsters are increasingly exploiting the auto-forwarding feature in compromised email accounts to help conduct business email compromise scams, the FBI warns.
Interpol, Nigerian law enforcement agencies and security firm Group-IB have collectively uncovered a massive Nigerian business email compromise gang that was active across more than 150 countries. Three suspected members have been arrested in Nigeria.
There is a reason more than half of today's ransomware victims end up paying the ransom. Cyber-criminals have become thoughtful; taking time to maximize your organization's potential damage and their payoff. After achieving root access, the bad guys explore your network reading email, finding data troves and once...
COVID-19 accelerated everything else digital; why not fraud, too? In this latest CEO/CISO panel, cybersecurity leaders talk frankly about the pace and scale of new fraud schemes from business email compromise to card not present to insider risk.
Attackers have been actively exploiting a flaw in Rackspace's hosted email service to send phishing emails, bearing legitimate and validated domain names, as part of business email compromise scams, warns IT security testing consultancy 7 Elements. Rackspace tells customers it plans to fix the problem soon.
The U.K. NCSC responded to over 700 cyber incidents over a 12-month period, 200 of which were related to the COVID-19 pandemic, according to the cyber agency's annual report. NCSC also notes that's it's preparing to step-up its response to cyber incidents involving the NHS and vaccine development.
The Republican Party of Wisconsin says fraudsters used phishing emails and doctored invoices to steal $2.3 million earmarked for President Donald Trump's reelection campaign. The FBI is investigating.
Business email compromise scams continue to proliferate around the globe, with the U.S. now second only to Nigeria as a home base for the cybercriminal organizations waging the campaigns, according to a study by the security firm Agari.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
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