Invoice fraud. Payroll diversion. Gift card requests. Fraudulent wire transfers. Malicious attachments. These types of attacks have dominated the cybersecurity space for the past few years, as security leaders worldwide attempt to find ways to stop increasingly-sophisticated inbound threats.
But what about those...
Today's big challenge for practitioners is identifying the "known and unknown" attack surface faster than the hackers. There is a need to build purpose-built sensors and asset management strategies to discover unknown attacks, says Debashish Jyotiprakash, vice president - Asia at Qualys.
Why is business identity theft increasing, and what are the latest tactics fraudsters are using to scam businesses and gig workers? Eva Velasquez, CEO at the Identity Theft Resource Center, shares her views on how business identity theft has evolved over the years and how to prevent it.
Insurance market giant Lloyd's of London says that starting next year, its cyber insurance policies will no longer cover state-sponsored cyberattacks. But with attribution being inherently tricky, expect this move to be tested in court, says Jonathan Armstrong, a partner at Cordery law firm.
Four ISMG editors discuss how security leaders determine the right level of security for the business, the growing risk of business ID theft to enterprises, and the arrest of a developer suspected of working for cryptocurrency mixing service Tornado Cash, for "facilitating money laundering."
Cloud collaboration suites like Microsoft 365 are critical to business success, but have become significant entry points for potential exploitation. Just as your team relies on email and collaboration tools to accomplish their goals, so too do sophisticated threat actors. And while the built-in security of Microsoft...
Attackers are attempting to reset the passwords of some DigitalOcean customers, the cloud infrastructure provider says. The email addresses of these customers were likely exposed in a data breach involving Mailchimp, which provided transactional email services for DigitalOcean.
The average person believes using Multi-Factor Authentication (MFA) makes them significantly less likely to be hacked. That is simply not true! Hackers can bypass 90-95% of MFA solutions much easier than you would think. Using a regular looking phishing email, they can bypass MFA just as easily as if it were a simple...
It feels like we hear about a new devastating cyberattack in the news every day, and attack methods seem to be proliferating at an exponential rate. So, which tactics should you be aware of beyond standard “click and infect” attack vectors?
Join Roger A. Grimes, KnowBe4's Data-Driven Defense Evangelist and...
Two recent data breach lawsuit settlements by healthcare organizations underscore mounting liability risk stemming from a growing number of lawsuits. Missouri-based BJC Healthcare has agreed to pay up to $2.7 million to settle while Indiana-based Methodist Hospitals is on the hook for $425,000.
The "deliberate actions" of a now-fired senior engineer at Customer.io put at risk email addresses of six client companies, including NFT marketplace OpenSea. The email delivery vendor did not specify how many individuals are now at elevated risk of phishing attacks.
The past few years have shown us a tremendous shift in BEC attacks, which changed its strategies from Executive Impersonation to opting to impersonate third party vendors and suppliers instead. This shift has given the threat actors a plethora of additional trusted identities to exploit.
This Threat Intelligence...
Emails shared with NFT marketplace OpenSea were disclosed to an unauthorized external party, the company is warning patrons. Anyone who shared an email address should be on guard for phishing attacks. The cause was a rogue employee at a third-party email delivery vendor.
For the seventh year in a row, business email compromise produced the largest losses of any type of cybercrime, according to Steve Dougherty of the U.S. Secret Service. He says organizations need to build and maintain relationships with law enforcement agencies before an attack happens.
Though less eventful than its predecessor, 2021 was another blockbuster year for cybersecurity. With 2020’s scramble to enable remote working fading from memory, securing hybrid setups in the long term presented a new and complex challenge.
At the same time, cybercrime went prime time. High-profile cyber-attacks...
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