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In recent months, a sophisticated scam has emerged, targeting drivers across the United States with fraudulent text messages about unpaid road tolls. Smishing scams like these follow a predictable yet highly effective, nefarious behavioral blueprintleveraging urgency, impersonation, and fear to manipulate victims into compliance.
.” This attacker’s approach may seem fairly amateur, but it would be a mistake to dismiss the threat from West African cybercriminals dabbling in ransomware. “For decades, West African scammers, primarily located in Nigeria, have perfected the use of social engineering in cybercrime activity.” billion in 2020.
Cybersecurity professionals stand on the frontlines, ever-vigilant against an increasing tide of cyber threats. From protecting sensitive corporate data to safeguarding our personal information, the battle against cybercrime is ongoing. At the same time, data loss will have serious repercussions, including financial losses ($10.5
Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. The proliferation of these guides enables more individuals to enter the cybercrime arena.
CISA adds PTZOptics camera bugs to its Known Exploited Vulnerabilities catalog Canadian authorities arrested alleged Snowflake hacker Android flaw CVE-2024-43093 may be under limited, targeted exploitation July 2024 ransomware attack on the City of Columbus impacted 500,000 people Nigerian man Sentenced to 26+ years in real estate phishing scams Russian (..)
Ransomware, the fastest-growing type of cybercrime, will claim a new victim? Sadly, in 2020, we saw the first instance of human loss as a direct result of cybercrime – ransomware to be exact. As I close out my last Cyber CEO for Cybercrime Magazine, I will leave you with this: Tough times never last, but tough people do.
As coronavirus-themed cyberattacks ramp up, consumers and companies must practice digital distancing to keep themselves protected. That, of course, presents the perfect environment for cybercrime that pivots off social engineering. Sadly, coronavirus phishing and ransomware hacks already are in high gear.
Security firm Group-IB has estimated that in H2 2017-H1 2018 cyberattacks caused $49.4 Group-IB, an international company that specializes in preventing cyberattacks, has estimated that in H2 2017-H1 2018 cyberattacks caused $49.4 Security Affairs – financial sector, cybercrime ).
These services can be used in a legitimate manner for several business purposes — such as price comparisons or sales intelligence — but they are also massively abused for hiding cybercrime activity because they can make it difficult to trace malicious traffic to its original source. The user dfyz on Searchengines[.]ru
February 26, 2020 – New CyberAttack Campaign Leverages the COVID-19 Infodemic. March 15, 2020 – Noooo, now Ancient Tortoise BEC scammers are launching Coronavirus-Themed attacks. A cybercrime gang focused on Business Email Compromise (BEC) has started using COVID19-themed scam emails in its attacks.
Interpol, the internationally recognized crime prevention agency, has announced an online campaign that will help individuals and companies protect their networks from state funded cyberattack campaigns.
While no details were provided about the potential perpetrators, the scam highlights how threat actors exploit the authority of government agencies to trick victims into complying with illicit demands. Companies must employ AI themselves to fight these scams."
That conclusion was supported by other security studies around the same time that found small businesses suffered the most cyberattacks. And even if most users didn’t fall for the scam, even a small percentage of hundreds of millions was enough to make the attacks very lucrative for criminals.
million being transferred to foreign internet scam artists. According to Stephen Dougherty, a leading Business Email Compromise (BEC) investigator at the United States Secret Service, the scenario in New Hampshire is straight out of a cybercrime playbook. Million in a Week: Employees Fired After BEC Scam.
CISA adds SonicWall SonicOS, ImageMagick and Linux Kernel bugs to its Known Exploited Vulnerabilities catalog Electronic payment gateway Slim CD disclosed a data breach impacting 1.7M
France Travail data breach impacted 43 Million people Scranton School District in Pennsylvania suffered a ransomware attack Lazarus APT group returned to Tornado Cash to launder stolen funds Moldovan citizen sentenced in connection with the E-Root cybercrime marketplace case UK Defence Secretary jet hit by an electronic warfare attack in Poland Cisco (..)
The truth is technology has grown at an exponential rate and so has cybercrime. Cybercrime doesn’t just affect big businesses and national governments. Impersonation Scams. Although BEC attacks may be targeted at business, they can also be used to scam individual people. What You Can Do. Update your software.
Cyber threats are no longer just the occasional virus or suspicious email. Phishing scams, ransomware attacks, data breaches, and identity theft are part of a growing list of online dangers that are a daily reality. Cybercrime is increasing at an alarming rate, targeting individuals and families just as often as businesses.
Cybercrime is a growth industry like no other. There are dozens if not hundreds of types of scams out there, but we’re going to focus on the scams most likely to affect a business, such as phishing or business email compromise (BEC). of cyberattacks IBM handled. 70% of attacks were on banks.
Virtual Kidnapping: AI Tools Are Enabling IRL Extortion Scams How a ‘Refund Fraud’ Gang Stole $700,000 From Amazon Info from 5.6 Virtual Kidnapping: AI Tools Are Enabling IRL Extortion Scams How a ‘Refund Fraud’ Gang Stole $700,000 From Amazon Info from 5.6
Cybersecurity US holds conference on military AI use with dozens of allies to determine ‘responsible’ use DFSA’s Cyber Risk Management Guidelines: A Blueprint for Cyber Resilience?
North Korea-linked APT groups actively exploit JetBrains TeamCity flaw Multiple APT groups exploited WinRAR flaw CVE-2023-38831 Californian IT company DNA Micro leaks private mobile phone data Threat actors have been exploiting CVE-2023-4966 in Citrix NetScaler ADC/Gateway devices since August A flaw in Synology DiskStation Manager allows admin account (..)
From an insider threat case that delayed the shipment of PPE to a Romanian ransomware group targeting public health , attacks kept going after the medical sector. Now another significant cybercrime target is emerging: state unemployment benefit systems. Hackers scam Washington State's unemployment insurance.
Identifying phishing scams Phishing scams appear in our email inboxes, text messages and even voicemails on a daily basis. Research from Deloitte found that 91% of all cyberattacks begin with a phishing email. October is the perfect time to make sure you don’t get spooked by cybercrime.
Quishing, an insidious threat to electric car owners Google fixed actively exploited Android flaw CVE-2024-32896 Discontinued D-Link DIR-846 routers are affected by code execution flaws.
Sometimes when you are down in the cyberattack trees defending your organization, it can be tough to see the cyber threat forest. And now we have brand new research coming from the EU which unpacks the top cyber threats as they stand now. What are the top cyber threats right now? Trends in Malware attacks.
Early December, Nissan Oceania, the regional division of the multinational carmaker, announced it had suffered a cyberattack and launched an investigation into the incident. Nissan already notified the Australian Cyber Security Centre and the New Zealand National Cyber Security Centre. and nissan.co.nz.
In May, the company was forced to shut down its website and phone lines following a cyberattack, but it did not mention a ransomware attack. MediSecure has identified a cyber security incident impacting the personal and health information of individuals. .”
Now Abyss Locker also targets VMware ESXi servers Russian APT BlueBravo targets diplomatic entities with GraphicalProton backdoor CoinsPaid blames North Korea-linked APT Lazarus for theft of $37M worth of cryptocurrency Monitor Insider Threats but Build Trust First Zimbra fixed actively exploited zero-day CVE-2023-38750 in ZCS DepositFiles exposed (..)
This quirk made the attack look more trustworthy and added a layer of flexibility to these scams. The main reason why these campaigns exploded so dramatically was that they used previously leaked NSA exploits called EternalBlue and DoublePulsar, which made the attacks absolutely inconspicuous and therefore almost impossible to prevent.
CISA adds Apache OFBiz bug to its Known Exploited Vulnerabilities catalog Critical flaw in WPML WordPress plugin impacts 1M websites China-linked APT Volt Typhoon exploited a zero-day in Versa Director Researchers unmasked the notorious threat actor USDoD The Dutch Data Protection Authority (DPA) has fined Uber a record €290M Google addressed the tenth (..)
According to Group-IB, the likelihood of the database systems being used in cybercrime and security breaches is high. The CRI study noted five major cyber threats: Social engineering and phishing attacks that gain entrance to networks via scam emails with malicious attachments or links. Ransomware.
Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. The proliferation of these guides enables more individuals to enter the cybercrime arena.
How email-based cyberattacks work. Email-based attacks are not a new problem. For example, some of the most notorious email-related cyberattacks of the 1990s came through the propagation of the Melissa virus. Understanding email cyberattack strategies. The data of over 1.2
Cyberattack took offline flight display screens at the Bristol Airport. Researcher devised a new CSS & HTML attack that causes iPhone reboot or freezes Macs. Magecart cybercrime group stole customers credit cards from Newegg electronics retailer. Homebuyers Being Targeted by Money Transfer Scam. 20% discount.
Similarly in cybersecurity, enterprises typically proof themselves up against last year’s strategies and attack vectors. By the time they adjust their processes, beef up their defenses, and add new layers of security, they find themselves battling more virulent ransomware strains and cyber-scams.
Having a cybersecurity plan ensures that you remain protected against data breaches, phishing scams , and other cybercrimes. It works well against both residual risk and inherent risk. That being said, different countries across the globe are now highlighting cybersecurity issues.
For some, a cyber criminal matches some of the Hollywood tropes: a person sitting alone in a dimly lit room, furiously mashing on a keyboard to steal information from a person or company. Those days are behind us, however, as cybercrime is establishing itself as a business in and of itself.
The Rising Risks The widespread shift to a work-from-home (WFH) economy left countless networks vulnerable to cyberattacks. Fraud and identity theft are on the rise, with online shopping hacks and COVID-related scams popular among cybercriminals. . Here’s what you should know. .
The user is often the first and last layer of defense an organization has, and scams are becoming increasingly convincing. The worry is that AI is lowering the barrier to entry for cybercrime, with emails and voice cloning becoming increasingly convincing.
“Unauthorised transactions made with the help of lost or stolen credit cards, counterfeit cards, ID document forgery and identity theft, fake identification, email phishing, and imposter scams are among the most common types of payment fraud today.”
The threat landscape has changed dramatically over the past few years due to developments in technologies that have led to the rise of ransomware, malware, botnets, and other types of cybercrime. . With more and more employees working from home, businesses should work with their security teams to identify likely attack vectors.
Cyber security measures ensure this data is safeguarded against breaches, fraud, hacking, and other forms of cybercrime. Cyber security in banking is about securing the entire digital infrastructure of a bank — from online banking systems to internal databases — against unauthorized access, data leaks, and malicious attacks.
To bring Awareness Month to a close, let’s journey through the digital realm's dark corners, drawing eerie parallels between cyber issues and the supernatural to help you protect your digital world from AI-assisted call spoofing attacks, Cybercrime as a Service attacks, vishing, and other spectral dangers.
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