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Abnormal Security raises $50M to double the size of its machine learning and data science teams

Abnormal Security announced that it raised $50 million in Series B venture capital funding. Led by Menlo Ventures, with participation from early investor Greylock, the round …

BEC scams
BEC attacks increase in most industries, invoice and payment fraud rise by 155%

BEC attacks increased 15% quarter-over-quarter, driven by an explosion in invoice and payment fraud, Abnormal Security research reveals. “As the industry’s only measure of BEC …

Abnormal Security partners with Microsoft to deliver comprehensive security solutions to enterprises

Abnormal Security announced a global strategic alliance with Microsoft to deliver comprehensive security solutions to enterprises. Customers can now purchase Abnormal’s …

hand
Brand impersonation is a go-to tactic for attackers, especially for credential phishing and BEC attacks

Trends in BEC and email security during Q2 2020 included a peaking and plateauing of COVID-19-themed email attacks, an increase in BEC attack volume and acceleration of …

BEC scams
200% increase in invoice and payment fraud BEC attacks

There has been a 200 percent increase in BEC attacks focused on invoice or payment fraud from April to May 2020, according to Abnormal Security. This sharp rise continues the …

email
Email security challenges and BEC trends during the pandemic

COVID-related attacks increased 436% between the second and third weeks of March 2020, with an average 173% week-over-week increase during the quarter, according to Abnormal …

Office 365
Office 365 users: Beware of fake company emails delivering a new VPN configuration

Phishers are impersonating companies’ IT support team and sending fake VPN configuration change notifications in the hopes that remote employees may be tricked into …

Abnormal Security launches VendorBase to help orgs reduce supply chain cybersecurity risk

Abnormal Security, a leader in protecting large enterprises from Business Email Compromise (BEC) attacks, introduced VendorBase, a global, federated database that tracks the …

LogMeIn
Beware of phishing emails urging for a LogMeIn security update

LogMeIn users are being targeted with fake security update requests, which lead to a spoofed phishing page. “Should recipients fall victim to this attack, their login …

phishing
Fake Microsoft Teams notification emails are hitting inboxes

Phishers are using fake Microsoft Teams notification emails to trick users into sharing their Microsoft Teams and Office 365 login credentials. “Should the recipient …

Kevin Moore joins Abnormal Security as Chief Revenue Officer

Abnormal Security, the platform that protects large enterprises from the most sophisticated, targeted email attacks, announced the appointment of Kevin Moore as Chief Revenue …

error
Phishers exploiting employees’ layoff, payroll concerns

A few days ago, we outlined several phishing campaigns going after Zoom and WebEx credentials of employees. Two new ones are trying to exploit their (at the moment very …

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