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When it comes to cybersecurity, ransomware is the rockstar of threats. But taking a peek behind the curtain, business email compromise (BEC) causes huge financial losses.
Cloudflare warns that business email compromise (BEC) phishing has assumed a new form: vendor email compromise (VEC). The classic BEC case involves the impersonation of someone within an organization, taking advantage of the trust that builds …
Cryptocurrency exchange Coinbase has fended off a cyberattack that might have been mounted by the same attackers that targeted Twillio, Cloudflare and many other companies last year. Leveraging smishing and vishing, the attackers tried to trick Coinbas…
By Waqas
The SMS phishing attack (smishing) was followed by a phone call from a scammer to one of the employees who fell for the scam.
This is a post from HackRead.com Read the original post: Coinbase Employees Targeted by SMS Phishing Attack
When should organizations be on guard against social engineering? Always, of course, but there are certain times when they should be especially alert. A study of cyberattacks has found that criminals are particularly attentive to changes in co…
Social engineering techniques are becoming increasingly sophisticated and are exploiting multiple emerging means, such as deep fakes. The increasing use of videoconferencing platforms and the various forms of remote work also adopted in the post-emergency covid make interpersonal collaborations increasingly virtual. This scenario must undoubtedly force organizations to prepare adequately to be able to recognize […]
The post <strong>Social engineering, deception becomes increasingly sophisticated</strong> appeared first on Security Affairs.
The Russian-based hacking group Seaborgium is at it again with increased spear phishing attacks targeting US and European countries in the last year.
Cybercriminals remained active in spying and information stealing, with lottery-themed adware campaigns used as a tactic to obtain people’s contact details, according to Avast. Threats using social engineering to steal money, such as refund and invoice…
Between July–December 2022, the median open rate for text-based business email compromise (BEC) attacks was nearly 28%, according to Abnormal Security. Business email and supply chain compromise as attack strategies Additionally, of the malicious email…
Insurance provider Hiscox has published its fifth annual cyber readiness report, which has some eye-opening statistics.