A new variant of the TrickBot banking Trojan is enabling attackers to conduct SIM swapping schemes against Verizon Wireless, Sprint and T-Mobile customers in the U.S., potentially paving the way for account takeover fraud, according to a report from Dell's SecureWorks division.
Eighty suspects, most of them Nigerian nationals, have been indicted on charges of running global business email compromise and romance scams that led to millions of dollars in fraud and allegedly involved a complex money-laundering operation.
People cause data breaches every day. That simple statement hides layers of complexity, compliance issues, and stress for CISOs and their security teams. While we may be able to 'logically' explain malicious breaches by linking them to motivations such as financial gain, it's often more difficult to understand and...
The FBI has arrested a Nigerian businessman for allegedly carrying out an $11 million business email compromise scheme that targeted a U.K. affiliate of U.S. heavy equipment manufacturer Caterpillar.
A newly identified phishing campaign used Google Drive to help bypass some email security features as attackers attempted to target a company in the energy industry, security firm Cofense reported this week.
As email threats become more advanced, machine learning is being used to detect these attacks. Learn the latest about machine learning & how it is changing the threat landscape.
This session discusses:
How machine learning is being used to detect threats
Latest advancements in machine learning for cyber...
The reason social media platforms are so successful is because they tap into the human sense of needing to connect with others.
Depending on your organization's policies, there is a high likelihood your employees may be tapping into several social platforms throughout the workday, which can increase attack...
Business email compromise scams are surging, and they're costing U.S. companies a total of more than $300 million a month, according to a recently released analysis by the U.S. Treasury Department. The report pinpoints which sectors are hardest hit by this type of fraud.
The scary fact is that human error is a contributing factor in more than 90% of breaches. With so many technical controls in place hackers are still getting through to your end users, making them your last line of defense. How are they so easily manipulated into giving the bad guys what they want? Well, hackers are...
It is estimated that a business falls victim to a ransomware attack every 40 seconds, adding up to a projected $11.5 billion in damages for this year. As ransomware attacks become more targeted and damaging, your organization faces increased risk that can have your networks down for days or even weeks.
So, how can...
As the IT infrastructure evolves and becomes far more complex, security needs to be built in, not bolted on later, says VIjendra Katiyar of Trend Micro.
Email remains a key vector for attacks because of the pervasiveness of phishing. Despite significant investments in security defenses, attackers and fraudsters continue to infiltrate organizations through targeted and advanced techniques. That's why organizations need a cyber-resilient program for email that's easy to...
A growing area of concern for security researchers is a new crop of business email compromise schemes originating from Nigeria, with scammers upping their game by using new malware. The biggest of the crime gangs is SilverTerrier, according to Palo Alto Network's Unit 42.
Among the top new spear-phishing threats to
enterprises: Extortion.
This whitepaper outlines the top three spear-phishing threats and new strategies to defend against them.
Download this whitepaper to learn more about:
Insights from the latest report on spear-phishing;
Why top threats are so successful;
New...
The bad guys are getting very creative, impersonating an executive in your organization and asking for financial reports or they ask employees in payroll to make changes to bank accounts. According to the FBI, their efforts have earned them an estimated $12 billion through Business Email Compromise also know as CEO...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.asia, you agree to our use of cookies.