Phishing attacks have come a long way from the spray-and-pray emails of just a few decades ago. Now they’re more targeted, more cunning and more dangerous. And this enormous security gap leaves you open to business email compromise, session hijacking, ransomware and more.
Join Roger Grimes, KnowBe4’s...
Understanding and Defending Against AI-Generated Email Attacks
ChatGPT. Google Bard. DeepFaceLab.
Generative AI is all the rage, and for good reason. What used to take hours can now be done in minutes, and what used to take minutes can be done in seconds. Which is great for productivity in the right hands.
But...
While security tools have become more adept at detecting payloads in emails, attacks that lack known indicators and rely instead on impersonation/social engineering tactics are successfully bypassing these traditional controls and reaching inboxes. If an organization’s email security controls are not effective...
Mule accounts have become an increasingly prevalent element of fraudulent schemes, acting as the primary pathway for moving funds from various sources of fraud, such as scams, check fraud, account takeovers, and authorized push payment (APP) fraud, into the accounts of fraudsters themselves. Startlingly, our research...
While historically the origin of most business email compromise (BEC) attacks has been West Africa, residing in Nigeria certainly isn’t a requirement for BEC attackers. Indeed, the subject of this report is a sophisticated threat group based in Israel.
The group is unique in that they impersonate executives and...
Bots have become an important tool for modern cybercrime. A bot is used somewhere in the attack cycle in more than three-quarters of security incidents. HUMAN Security co-founder and CEO Tamer Hassan called account takeover "the gateway drug to all other forms of fraud and abuse."
For the first time in its 17-year history, application security vendor Checkmarx will have a new leader. The company has tapped Sandeep Johri, the longtime chief executive at software testing vendor Tricentis, to serve as its new CEO less than two years after being acquired by Hellman & Friedman.
Banking Trojans, ransomware, fake finance apps programmed to steal data - the cybercriminal cartels have become more punitive in 2023, escalating destructive attacks on financial institutions. This is just one key finding of the annual Cyber Bank Heists report by Contrast Security's Tom Kellermann.
Seattle police have charged an online retailer's "shopping experience" software programmer with engineering a fraud scheme based on the movie "Office Space," in which malicious software was used to transfer a fraction of every transaction into an outside account.
Coinbase agreed to a $100 million settlement with the New York financial regulator on Wednesday over cybersecurity lapses and failure to comply with anti-money laundering guidelines that allowed criminals to use the platform for fraud, money laundering and other illicit activities.
The software risk landscape has changed – and not for the better. Malicious actors constantly evolve their tactics, techniques, and procedures (TTPs) to find new ways of infiltrating or disrupting organizations, and the software supply chain is now firmly in the crosshairs. A surge of sophisticated and diverse...
Losses from application fraud are projected to hit nearly $5 billion by 2024, an alarming number that signals identity controls are fundamentally broken. As financial institutions continue to struggle with addressing this pain point – from identity theft and synthetics to mule accounts – the good news is that...
Social engineering scams are on the rise globally. Last year, these scams increased 57% with an average lost of $1,029 USD per victim. Aside from the inability of legacy fraud controls to detect real-time social engineering, the circumstances of a scam can influence liability if the parties involved are unable to...
With rising customer expectations and increasing threats along with fast moving technology, today every company is a technology company - with security, availability, reliability, performance, and scalability their key concerns.
Organizations today need to scale applications and manage more traffic, address...
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