BEC scams
Widespread BEC attacks threaten European organizations
European organizations experienced a greater volume and frequency of BEC attacks over the last year, as compared to organizations in the United States, according to Abnormal …
The multiplying impact of BEC attacks
The 2023 Verizon Data Breach Investigations Report (DBIR) has confirmed what FBI’s Internet Crime Complaint Center has pointed out earlier this year: BEC scammers are …
Verizon 2023 Data Breach Investigations Report: 74% of breaches involve human element
Verizon Business today released the results of its 16th annual Data Breach Investigations Report (2023 DBIR), which analyzed 16,312 security incidents and 5,199 breaches. …
Threat actors exploit new channels for advanced phishing attacks
Perception Point’s team has identified a 356% increase in the number of advanced phishing attacks attempted by threat actors in 2022. Overall, the total number of …
Organizations brace for cyber attacks despite improved preparedness
Cyber-risk levels have improved from “elevated” to “moderate” for the first time, but insiders represent a persistent threat for global organizations, …
AI tools help attackers develop sophisticated phishing campaigns
Phishing scams are a growing threat, and cybercriminals’ methods are becoming increasingly sophisticated, making them harder to detect and block, according to Zscaler report. …
AI tools like ChatGPT expected to fuel BEC attacks
Across all BEC attacks seen over the past year, 57% relied on language as the main attack vector to get them in front of unsuspecting employees, according to Armorblox. In …
The hidden picture of malware attack trends
Despite the decline in network-detected malware in Q4 2022, endpoint ransomware spiked by 627%, while malware associated with phishing campaigns persisted as a threat, …
BEC scammers are after physical goods, the FBI warns
BEC attacks are usually aimed at stealing money or valuable information, but the FBI warns that BEC scammers are increasingly trying to get their hands on physical goods such …
SVB account holders targeted with phishing, scams
After news broke late last week about Silicon Valley Bank’s bank run and collapse, security researchers started warning SVB account holders about incoming SVB-related …
Organizations need to re-examine their approach to BEC protection
BEC attacks are growing year over year and are projected to be twice as high as the threat of phishing in general, according to IRONSCALES and Osterman Research. 93% of …
The SVB demise is a fraudster’s paradise, so take precautions
For those who haven’t followed the drama, Silicon Valley Bank has been shut down by the California Department of Financial Protection and Innovation, after a bank run that …