New Vendor Email Compromise Attack Seeks $36 Million
The details in this thwarted VEC attack demonstrate how the use of just a few key details can both establish credibility and indicate the entire thing is a scam.
social engineering
Cyber Insurers Quietly Remove Coverage for Social Engineering and Fraudulent Instruction Claims
As cyber insurers become more experienced in what kinds of claims are being presented, and the threat action details therein, specific types of coverages are no longer being included.
The Future of Cyber Attacks? Speed, More Speed
I get asked all the time to “predict” the future of cybercrime. What will be the next big cyber attack? What will be the next paradigm platform shift that attackers will target? And so on.
An Overview of Silicon Valley Bank Themed Social Engineering
Researchers at ReliaQuest warn that organizations should continue to be on the lookout for social engineering attacks related to Silicon Valley Bank (SVB).
Warning Customers About Social Engineering.
It’s a familiar story: scam artists impersonate a trusted brand, a trusted business or a trusted authority in emails and on bogus sites designed to exploit that very trust to commit fraud. Generally, this isn’t the fault of the person or organ…
University of Sydney Gives Students and Staff Advice on Avoiding Social Engineering Scams
The University of Sydney has issued advice to help students and staff avoid falling for social engineering attacks.
Threat Actors are Using FINRA Impersonation For Their Attacks
DomainTools warns that a sophisticated West Africa-based fraud group is impersonating the Financial Industry Regulatory Authority (FINRA) to target users in the United States, according to researchers at DomainTools. The threat actors are atte…
Microsoft Warns of Business Email Compromise Attacks Taking Hours
According to Microsoft’s Security Intelligence team, a recent business email compromise attack (BEC) has shown that threat actors are quickening the pace of these attacks, with certain elements only taking a few minutes.
The SVB demise is a fraudster’s paradise, so take precautions
For those who haven’t followed the drama, Silicon Valley Bank has been shut down by the California Department of Financial Protection and Innovation, after a bank run that followed an insolvency risk and a stock crash. The Federal Deposit Insurance Cor…
One-Quarter of Users Fall for Online Scams Despite an Overconfidence in an Ability to Spot Them
A new survey of individuals across seven countries shows that users may have had luck on their side, as a majority aren’t sure about their device security or how to spot malicious sites online.