A global law enforcement operation has resulted in the arrest of 281 suspects allegedly involved in business email compromise scams. The announcement comes on the same day as the FBI's Internet Crime Complaint Center says that losses from BEC scams have hit $26 billion and are continuing to rise.
A new variant of the TrickBot banking Trojan is enabling attackers to conduct SIM swapping schemes against Verizon Wireless, Sprint and T-Mobile customers in the U.S., potentially paving the way for account takeover fraud, according to a report from Dell's SecureWorks division.
Federal government agencies experienced 12 percent fewer cyber incidents in 2018, when there were no "major" data breaches, according to a new White House report. But the report notes there's still plenty of risk mitigation work to be done.
The reason social media platforms are so successful is because they tap into the human sense of needing to connect with others.
Depending on your organization's policies, there is a high likelihood your employees may be tapping into several social platforms throughout the workday, which can increase attack...
The scary fact is that human error is a contributing factor in more than 90% of breaches. With so many technical controls in place hackers are still getting through to your end users, making them your last line of defense. How are they so easily manipulated into giving the bad guys what they want? Well, hackers are...
It is estimated that a business falls victim to a ransomware attack every 40 seconds, adding up to a projected $11.5 billion in damages for this year. As ransomware attacks become more targeted and damaging, your organization faces increased risk that can have your networks down for days or even weeks.
So, how can...
In the last several years, Financial Services organizations have undergone rapid digital transformation. They rely on social media and digital platforms to generate brand awareness, provide online banking and other financial services, and to offer support and services to customers. This has created new avenues and...
C-level executives are 12 times more likely to be the target of social incidents and nine times more likely to be the target of social breaches. This is among the key findings of the latest Verizon's Data Breach Investigations Report. Author John Grim shares insight.
Among the top new spear-phishing threats to
enterprises: Extortion.
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The bad guys are getting very creative, impersonating an executive in your organization and asking for financial reports or they ask employees in payroll to make changes to bank accounts. According to the FBI, their efforts have earned them an estimated $12 billion through Business Email Compromise also know as CEO...
Microsoft says intruders targeting its email services had access to email content for a single-digit percentage of the overall affected accounts, a more serious conclusion than first thought. But the company hasn't released many details, including the total number of accounts affected.
Spear phishing is among the most dangerous cyberthreats - and the most difficult to detect. Not long ago, C-level executives were the sole target. Today, any person at any company is at risk of receiving targeted emails attempting to trick them into completing wire transfers, purchasing gift cards or fulfilling other...
The Oregon Department of Human Services is among the latest entities to reveal a phishing breach impacting the protected health information of hundreds of thousands of individuals.
Facebook's effort to stem the flow of fake news globally has been ineffective, allege some fact checkers who have collaborated with the social media giant to identify and debunk false stories. Is the social media giant merely conducting a public relations exercise?
Phishing and other hacking incidents have led to several recently reported large health data breaches, including one that UConn Health reports affected 326,000 individuals.
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