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Utility provider Austin Energy is warning residents that scammers are exploiting the chaos surrounding the severe winter storms that cut power to millions of Texans and left many households freezing. Your utility provider will not demand this information regardless of whether you have any overdue bills.
To ensure energy security and economic stability, protecting the infrastructure is essential. A report from 2023 revealed that 67% of energy and utility companies faced ransomware attacks, with many incidents exploiting unpatched vulnerabilities.
Cyber attack instances are steeply rising across all sectors , leaving even the FBI to issue a bulletin about business email compromise (BEC) – the $43 billion scam. Strengthen operational integration and collaboration with members of the energy sector. Not long after, attackers targeted six stations in the Pacific Northwest.
As a matter of fact, the most-reported crime in the 2021 Internet Crime Report report was phishing , a social engineering scam wherein the victim receives a deceptive message from someone in an attempt to get the victim to reveal personal information or account credentials or to trick them into downloading malware.
This attack method utilizes a “clean” URL within the body of the email before redirecting the user to a malicious one upon clicking it. AI-Powered Scams Continue to Present a Risk Traditional email scams were relatively easy to identify. Organizations operating in these sectors would be well advised to shore up their defenses.
Also last year, fraudsters abused the marketplace to spread various scam apps, which promised welfare payments or lucrative energy investments. Scam apps detected as Trojan.AndroidOS.Fakemoney.d The verdict applies to a variety of scam apps, such as those supposedly offering the user to earn some extra cash. and 1.35%).
Energy efficiency Smart grids balance energy supply and demand, minimizing wastage. Renewable energy sources integrate seamlessly into the grid. Example: Smart meter: “Solar panels are generating excess energy. Part 2: AI and the need for vigilance in our digital lives The rise of AI scams 1.
In general, we’ve observed hacktivists in the Russo-Ukrainian conflict become more skilled and more focused on attacking large organizations such as government, manufacturing and energy entities. However, one especially notable supply chain attack in 2024 was the XZ Utils backdoor, which we covered in a three-part blog post.
For many households, energy costs represent a significant part of their overall budget. Enter the utilityscam , where crooks pretend to be your utility company so they can threaten and extort as much money from you as they can. The utilityscam often works by threatening and scaring victims into making poor decisions.
However, one recently introduced UK cybersecurity law, which was meant to boost the resilience of the UK's energy sector by obliging gas and electricity firms to report to hacks, doesn't appear to be very effectively adopted. ISPs, utilities) and energy sector firms (i.e. Stolen in Pandemic Scams.
Its operators seem to leverage vulnerabilities in external-facing servers while utilizing compromised account credentials to gain access and spread the malware further. The risk of scams. Current analyses of HermeticWiper reveal that the malware is being delivered in highly-targeted attacks in Ukraine, Latvia, and Lithuania.
Some of the key industry verticals such as FinTech, Lending, Insurance, Energy and Manufacturing in geographical regions such as the US, UK, New Zealand and Australia are targeted. Figure 4 below shows the most common redirect code hosted on CodeSandbox, utilized by the phishing site. downs-energys[.]com. Phishing domains.
Thus, during the World Cup a brand-new scam appeared: it offered users to win a newly released iPhone 14 for predicting match outcomes. In a typical internet hoax manner, crypto scam sites offered visitors to get rich quick by paying a small fee. “Promotional campaigns by major banks” were a popular bait in 2022.
Before companies can effectively and safely use generative AI tools, employees must be educated on utilizing best practices: writing prompts that achieve desired outcomes, keeping data security and privacy in mind when inputting data, identifying the quality and security of AI, verifying AI output, and more,” elaborates Arti Raman, CEO Portal26. “The
I’ve always believed that the best way to build a strong cybersecurity program is to utilize all the data. Cybersecurity programs that educate your entire team on general information security tactics – including recognizing and addressing phishing scams – are essential. Ransomeware-as-a-Service.
water utility, highlights the escalating threat to critical infrastructure. As a result, sectors like healthcare and energy are adopting breach-ready defenses, emphasizing microsegmentation to contain impacts and ensure resilience. Such incidents disrupt essential services, causing economic damage and public safety risks.
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