CyberSecurity Insiders

APRIL 4, 2023

Social engineering – specifically malicious cyber campaigns delivered via email – remain the primary source of an organization’s vulnerability to attack. Social engineering is a profitable business for hackers – according to estimates, around 3.4 billion phishing e-mails get delivered every day.

Cyber Attacks 119

Cyber Attacks Social Engineering Scams Phishing 119

Responsible Cyber

NOVEMBER 23, 2024

The healthcare sector has been particularly hard-hit, accounting for over 30% of the total breaches. Financial services have also faced significant incidents, with many institutions relying heavily on third-party technology partners to deliver essential services.

Risk 81

Risk Healthcare Education Cybersecurity 81

Responsible Cyber

NOVEMBER 17, 2024

Image Source: AI Generated Recent data breaches have exposed sensitive information from millions of customers across healthcare, financial services, and technology sectors. The compromise exposed sensitive card information, including account numbers, expiration dates, and cardholder names.

Data breaches 98

Data breaches Healthcare Social Engineering Financial Services 98

Malwarebytes

SEPTEMBER 30, 2021

Two-factor authentication is a great way to protect your online accounts, and we always recommend you turn it on. Yesterday, security intelligence firm, Intel 147, revealed it had noticed an uptick of activity in threat actors providing access to services in Telegram that circumvent two-factor authentication (2FA) methods.

Social Engineering 105

Social Engineering Banking Authentication Passwords 105

Security Affairs

APRIL 30, 2020

ybercriminals behind the PerSwaysion campaign gained access to many confidential corporate MS Office365 emails of mainly financial service companies, law firms, and real estate groups. New round of phishing attempts leveraging current victim’s account usually takes less than 24 hours. Gone in 24 Hours.

Phishing 136

Phishing Accountability Financial Services Cloud Migration 136

Centraleyes

MARCH 13, 2025

If you’re part of the financial services ecosystem hereor interact with businesses regulated by the New York State Department of Financial Servicesyouve likely come across the NYDFS Cybersecurity Regulation. Heres a step-by-step guide: Access the NYDFS Portal: Log in or create an account on the NYDFS Cybersecurity Portal.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

Adam Levin

AUGUST 21, 2019

Bob from accounting goes on vacation with his laptop, and the next thing you know, millions of customers get hacked. Tortoises have no finances and, taken as a genus, they rarely have names and social media accounts. When they do have names and Instagram accounts, there’s a hackable human somewhere nearby.

Phishing 138

Phishing Accountability Hacking Cybersecurity 138

Security Boulevard

AUGUST 16, 2021

The prevalence of digital fraud attempts on businesses and consumers continues to rise as malicious actors are shifting their focus in 2021 from financial services to travel and leisure and other industries. globally.

Financial Services 102

Financial Services Social Engineering Accountability Engineering 102

CyberSecurity Insiders

JANUARY 19, 2023

The first news that is trending is associated with financial service provider PayPal. News is out that social security numbers of nearly 35,000 users were leaked in a cyber attack that could have emerged from a credential stuffing campaign launched by a state funded actor.

Cyber Attacks 106

Cyber Attacks Social Engineering Financial Services Encryption 106

Security Affairs

AUGUST 16, 2023

Other top 4 targeted industries include Manufacturing, Insurance, Technology, and Financial Services seeing 15%, 9%, 7%, and 6% of the campaign traffic respectively.” com (Cloudflare’s Web3 services). The content of the message attempt to trick the recipient into scanning the code to verify their account.

Phishing 98

Phishing Energy and Utilities Insurance Manufacturing 98

eSecurity Planet

OCTOBER 5, 2021

In fact, 62 percent of professionals admitted to sharing passwords over text messages or email and 46 percent said their company shares passwords for accounts used by multiple people. And social engineering can crack even more considering how many people include the names of their families and birthdays.

Authentication 104

Authentication Passwords Mobile Accountability 104

CyberSecurity Insiders

NOVEMBER 29, 2022

This report states that 59% of organizations fail to maintain strict user account lifecycle management, leaving credentials that are no longer needed in the environment that can be compromised. It is this type of failure in credential management that bad actors leverage to gain access to accounts, and data. Phishing Targeted Attacks.

Phishing 134

Phishing Mobile Ransomware Technology 134

Malwarebytes

MARCH 13, 2023

Mostly by deploying social engineering, victims are tricked into linking their cryptocurrency wallet to a fraudulent liquidity mining application. Hacked social media accounts. Using several methods, scammers take over social media accounts to target existing friends of the hacked user. Employment.

Cryptocurrency 75

Cryptocurrency Scams Media Social Engineering 75

SC Magazine

JULY 2, 2021

Moreover, it will look at cybercriminal activities related to circumventing identity and authentication mechanisms for these innovations, including the development of synthetic identities, identity theft and account takeovers. Such discoveries would no doubt prove useful to the financial services community at large.

Financial Services 71

Financial Services Banking Media Identity Theft 71

Duo's Security Blog

DECEMBER 19, 2024

While we tend to associate phishing emails more with our personal accounts, attacks targeting our work identities whether through socially engineered phishing, brute force, or another form, are very common. Combined, these sectors accounted for more than 30 percent of account compromises.

Phishing 64

Phishing Authentication Social Engineering Passwords 64

SC Magazine

MARCH 4, 2021

Researchers have spotted a new business email compromise (BEC) trend that, if perfected, could represent a significant social engineering threat to the financial investment and private equity community. “The key factor is the people at the organization,” said Douglas.

Scams 88

Scams Security Awareness Social Engineering Banking 88

Security Affairs

JANUARY 27, 2022

Onfido, a London-based company, offers photo-based IDV services for businesses. Financial service providers, car rentals, and many other suppliers that need to confirm customer identities employ similar third-party services. Threat actors can abuse PII to conduct phishing and social engineering attacks.

Identity Theft 98

Identity Theft Accountability Data breaches Social Engineering 98

SecureWorld News

SEPTEMBER 15, 2020

Here is how cybercriminals carried out the attack: "A preliminary review indicates these unauthorized users gained access to the application to change financial information and divert payments from VA by using social engineering techniques and exploiting authentication protocols.

Data breaches 54

Data breaches Social Engineering Government Financial Services 54

Thales Cloud Protection & Licensing

SEPTEMBER 2, 2024

This approach can reduce the risk of account takeover through password theft or social engineering attacks while making the login process faster and more user-friendly. They can be forgotten, phished, hacked, or not strong enough, leading to compromised accounts, data breaches, and related costs.

Passwords 62

Passwords Authentication Social Engineering Phishing 62

SecureList

NOVEMBER 23, 2022

In order to generate a gift card code, users are asked to select an amount to add to the gift card account: from $10 to $300. Users are prompted to log in to their Landesbank Berlin account to allegedly activate Visa Secure option. “Buy now, regret later”: phishing examples for BNPL services. Affirm phishing page.

Phishing 125

Phishing Banking Scams Retail 125

Dark Reading

DECEMBER 18, 2012

Much like any other banking channel, financial institutions need to strengthen their customer authentication if they expect to stop fraud in the financial services industry, said Neil Schwartzman of secure messaging infrastructure provider, Message Bus.

Banking 40

Banking Authentication Risk Identity Theft 40

Security Boulevard

JUNE 26, 2023

Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. A lack of security features to upgrade or downgrade a user may result in mismanagement of user accounts.

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

SecureList

SEPTEMBER 11, 2023

The gang has scored a series of resonant attacks on oil companies, financial services , government agencies and healthcare providers. The gang infamously uses complex tactics and techniques to penetrate victim networks, such as exploitation of software vulnerabilities and social engineering.

Ransomware 144

Ransomware Encryption Malware DDOS 144

LRQA Nettitude Labs

JULY 5, 2023

Future Regulations Amongst the numerous challenges facing regulators, LRQA Nettitude anticipate that the initial focus will revolve around: Accountability : Determine who is accountable for compliance with existing regulation and the principles.

Artificial Intelligence 52

Artificial Intelligence Data privacy Social Engineering Risk 52

Digital Shadows

AUGUST 17, 2021

The social engineering aspect around phishing works because humans want to be helpful, informed, paid well, get stuff for free sometimes, and generally not end up on the wrong side of management. Unfortunately, aspects of really good social engineering prey on one or more of these human traits (or faults).

Phishing 52

Phishing Accountability Social Engineering Mobile 52

Spinone

DECEMBER 26, 2018

Social engineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016. In the event of the Ransomware assault, the G Suite administrator will receive a notification about the incident either via e-mail or by Slack.

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

NetSpi Executives

APRIL 27, 2024

Ransomware, a definition Ransomware is a set of malware technologies, hacking techniques, and social engineering tactics that cybercriminals use to cause harm, breach data, and render data unusable. Ransomware attackers get into a network in many ways: Social engineering. Unpatched exploits.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Security Boulevard

NOVEMBER 8, 2024

Collectively, they accounted for 77% of the quarter’s malware infections. The industry sector that ransomware groups hit the hardest was construction, followed by hospitals and healthcare, and by IT services and consulting. Financial services and law offices rounded out the top five.

Phishing 49

Phishing Cybersecurity Ransomware Malware 49

SecureWorld News

OCTOBER 15, 2020

A group of teenagers used social engineering to breach Twitter's network and take over the accounts of a whole bunch of A-listers. The teens also took over Twitter accounts of several cryptocurrency companies regulated by the New York State Department of Financial Services (NYDFS).

Social Engineering 104

Social Engineering Media Scams Financial Services 104

ForAllSecure

JANUARY 19, 2022

Really, it's you know, when I started off over 20 years ago, it was things where you did everything by hand, you manually set up accounts within target systems, you manually reset people when they were in a helpdesk, and people didn't use MFA. Moffatt: And other basic things as well like disabling accounts, which are not in use, you know?

Passwords 52

Passwords Authentication Mobile Password Management 52

Webroot

OCTOBER 31, 2024

The rise of AI-driven phishing and social engineering, increased targeting of critical infrastructure, and the emergence of more sophisticated fileless malware are all trends that have shaped the cybersecurity battlefield this year. By August 2024, RansomHub had breached at least 210 victims across various critical U.S.

Malware 109

Malware Ransomware Passwords Healthcare 109

SecureList

AUGUST 5, 2021

In Q2 2021, corporate accounts continued to be one of the most tempting targets for cybercriminals. To add to the credibility of links in emails, scammers imitated mailings from popular cloud services. Cybercriminals also faked emails from cloud services in schemes aimed at stealing not accounts but money. Conclusion.

Phishing 134

Phishing Banking Scams Computers and Electronics 134

SecureWorld News

SEPTEMBER 27, 2020

The modern bank robber is a brighter individual and typically part of an OC team, or in the case of North Korea and their hacking of financial services firms, very well trained and sophisticated in their approach. In 20+ years now of investigating cyber-related crime, this is the busiest I have ever been.

Ransomware 85

Ransomware Cryptocurrency Computers and Electronics Banking 85

SecureList

FEBRUARY 16, 2023

For example, one website offered users to obtain a COVID vaccination certificate by entering their British National Health Service (NHS) account credentials. Scammers abused legitimate survey services by creating polls in the name of various organization to profit from victims’ personal, including sensitive, data.

Phishing 117

Phishing Scams Accountability Energy and Utilities 117

SecureList

FEBRUARY 9, 2022

The subject of investments gained significant relevance in 2021, with banks and other organizations actively promoting investment and brokerage accounts. Hurry up and lose your account: phishing in the corporate sector. How to make an unprofitable investment with no return. Phishers used various ploys related to COVID-19.

Phishing 105

Phishing Scams Accountability Banking 105

NetSpi Executives

MARCH 21, 2025

It identifies vulnerabilities that could be exploited by employees, contractors, or compromised accounts. Threat Simulation Focus Internal : Simulates attacks from insiders or attackers who have gained internal access, either through compromised credentials, social engineering, or a physical breach.

Penetration Testing 40

Penetration Testing Firewall Risk Financial Services 40