Adam Levin

MARCH 16, 2020

billion in BEC scam-related losses the year before. “BEC/EAC is a sophisticated scam targeting both businesses and individuals performing a transfer of funds,” explained the report. ” The report warned that the methods used by hackers to perpetrate BEC scams were becoming more complicated and difficult to detect.

Scams 130

Scams Identity Theft Phishing Accountability 130

Malwarebytes

JULY 5, 2021

Researchers explore the insecure world of the subdomain (Source: Can i take your subdomain) Cyber insurance model is broken, consider banning ransomware payments (Source: The Register) How facial recognition solutions can safeguard the hybrid workplace (Source: Help Net Security) Capital One hacker faces fresh charges for 2019 hacking spree (Source: (..)

Cyber Insurance 106

Cyber Insurance Social Engineering Scams Insurance 106

Malwarebytes

FEBRUARY 3, 2023

million (roughly $750 million) through authorized and unauthorized fraud and scams in the UK alone. ” Another report, called the ‘ State of cyber security in the UK ’, surveyed 500 UK-based cybersecurity strategy decision makers. Blocking scam text messages. Unauthorized payment card fraud. How can we help?

Scams 93

Scams Banking Cyber Insurance Cybercrime 93

Malwarebytes

MARCH 10, 2021

Malware authors and social engineers have relied on shame and the threat of exposure for years. This quickly became a mess of arguments over paying the ransom , and the world of cyber insurance and whether it would actually insure against these types of attacks. Shaming victims into action.

Ransomware 125

Ransomware Insurance Cyber Insurance Social Engineering 125

Digital Shadows

NOVEMBER 26, 2024

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. ” APLHV disbanded in late December 2023 after conducting an exit scam against its affiliates.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

BH Consulting

JUNE 13, 2023

Almost three-quarters of breaches (74 per cent) involve the human element through error, social engineering, stolen credentials or misusing privileges. Half of all social engineering attacks involve ‘pretexting’, where criminals fabricate a story to trick the victim.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

Digital Shadows

NOVEMBER 26, 2024

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. ” APLHV disbanded in late December 2023 after conducting an exit scam against its affiliates.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52