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What Makes Island Hopping a Formidable Threat?
Island hopping is a technique used by cybercriminals to exploit less sophisticated organizations in order to breach their larger affiliates. Attackers use vulnerabilities in the first company’s defenses as a point of entry to the second. This is no small threat. In fact, half of cyber attacks tod...
A week in security (November 4 – November 10)
Last week on Malwarebytes Labs, we announced the launch of Malwarebytes 4.0, tackled data privacy legislation, and explored some of the ways robocalls come gunning for your data and your money. We also laid out the steps involved in popular vendor email compromise attacks. Other cybersecurity new...
Top 6 email security best practices to protect against phishing attacks and business email compromise
Most cyberattacks start over email—a user is tricked into opening a malicious attachment, or into clicking a malicious link and divulging credentials, or into responding with confidential data. Attackers dupe victims by using carefully crafted emails to build a false sense of trust and/or urgency...
MasterMana botnet hits users by evading detection with URL shorteners
By Waqas Dubbed MasterMana by researchers; the botnet utilizes every available option to target its victims including dropping backdoors and phishing attacks through business email compromise commonly known as BEC. This is a post from HackRead.com Read the original post: MasterMana botnet hits...
For Cybersecurity and Domestic Violence Awareness months, we pledge to fight stalkerware
Starting today, two hallmark holidays are upon us. No, it’s not Halloween and Thanksgiving. It’s both Cybersecurity Awareness Month and Domestic Violence Awareness Month. It’s no coincidence these two awareness campaigns overlap. What were once seen as separate realities—the physical and the...
CISOs: Support vendor security ops for best cloud results
Data from McKinsey Insights suggests that many CISOs are uneasy about increasing dependence on SaaS applications and the security risks – real or perceived – the cloud represents. Their apprehension isn’t slowing down cloud adoption. As McKinsey put it, “Most companies … will eventually confront...
Cybercriminals Adding Sophistication to BEC Threats
Cybercriminals are boosting their game and employing new tactics to move up the chain of command with more sophisticated business email compromise BEC threats that pose a greater threat to organizations, according to a new report. Advanced BEC attacks–including impersonation attacks and CEO...
Hundreds of BEC Scammers Arrested in Nigeria and U.S. — $3.7 Million Recovered
Breaking News — The Nigerian prince and his allies who might have also asked you over an email for your assistance to help save "the first African astronaut lost in space" have finally been arrested by the FBI. Don't take it too seriously, as there's no Nigerian prince or an astronaut seeking you...
Hundreds of BEC Scammers Arrested in Nigeria and U.S. — $3.7 Million Recovered
Breaking News — The Nigerian prince and his allies who might have also asked you over an email for your assistance to help save "the first African astronaut lost in space" have finally been arrested by the FBI. Don't take it too seriously, as there's no Nigerian prince or an astronaut seeking you...
When corporate communications look like a phish
Many organizations will spend significant sums of money on phishing training for employees. Taking the form of regular awareness training, or even simulated phishes to test employee awareness, this is a common practice at larger companies. However, even after training, a consistent baseline of...
BEC Hack Cons Catholic Church Out of $1.75 Million
A church in Brunswick, Ohio was scammed out of a whopping $1.75 million as a result of a business email compromise BEC attack. St. Ambrose Catholic Parish, which has around 16,000 members, has been working on a massive $4 million church renovation, dubbed “Vision 20/20” – but attackers figured ou...
A look inside the FBI’s 2018 IC3 online crime report
The FBI’s Internet Crime Complaint Center have released their annual Crime Report, with the most recent release focusing on 2018. While the contents may not surprise, it definitely cements some of the bigger threats to consumers and businesses—and not all of them are particularly high tech...
Hardcoded credentials
SmarterTools SmarterMail 16.x before build 6985 has hardcoded secret keys. An unauthenticated attacker could access other users’ emails and file attachments. It was also possible to interact with mailing lists...
FBI: BEC Scam Losses Almost Double To Reach $1.2 Billion
Business email compromise BEC scams are squeezing more money than ever out of victims, with losses from the attacks almost doubling year-over-year in 2018 to reach $1.2 billion. That’s according to the FBI’s annual Internet Crime Report IC3 for 2018, which records the number of complaints, losses...
This Week in Security News: Medical Malware and Monitor Hacks
Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, learn how baby monitors may be susceptible to hacking. Also, learn about a medical flaw that enables hackers to hide malware. Read on: Is Yo...
Hackers Compromise Microsoft Support Agent to Access Outlook Email Accounts
If you have an account with Microsoft Outlook email service, there is a possibility that your account information has been compromised by an unknown hacker or group of hackers, Microsoft confirmed The Hacker News. Earlier this year, hackers managed to breach Microsoft's customer support portal an...
The Anatomy of Threat Hunting: What You Need to Know and Why
No big surprise here: cybercrime will keep causing a major slowdown in the years to come as the business world proceed with digitalization. Despite implementing all traditional measures to stay protected, organizations keep falling prey to impersonation, phishing, and malware. Scary enough? What’...
BEC Scam Gang London Blue Evolves Tactics, Targets
Prolific business email compromise group London Blue has been spotted in a recent campaign that demonstrates the group’s evolved tactics and improved targeting via an updated database. London Blue has been around since 2011 – but researchers spotted the business email compromise BEC group again i...
A Look Back at the 2018 Security Landscape
Do you ever question the value of the mounds of data we all collect? We make a point to stop, analyze and share, especially because we know you might not have the time. So, I bring you our annual look back at the more interesting security events and trends seen last year. The report, Caught in th...
