Monitoring of traffic to phishing pages hosted on the free hosting service Cloudflare R2 show an unheard of spike of 6100%, many going undetected by many security solutions due to the evasive techniques used. I can’t remember a time when I’ve covered a story and the reported increases were as large as the recent spike in malicious network traffic observed by Netskope.
Continuing coverage of IBM’s recently-released Cost of a Data Breach report, we focus on the impact attacks involving social engineering have on data breach costs. There are two reports every year that we cover on this blog that you should be reading – Verizon’s Data Breach Investigations Report and IBM’s Cost of a Data Breach report. Each of these reports has been published for years, providing insight into how the state of data breaches are changing.
In last few years, cyber espionage has taken a new form. A recent investigation by The Times has unveiled a Chinese intelligence officer's extensive use of LinkedIn to target UK officials. Operating under the alias "Robin Zhang," this spy has been luring thousands of officials, scientists, and academics to hand over state secrets and sensitive technology information.
Phishing attacks are on the rise in Australia, the Australian Broadcasting Corporation (ABC) reports. “The latest figures reveal phishing is a practice that is only becoming more and more widespread,” the ABC says.“Phishing was the most reported scam to Scamwatch in 2022, with the government website recording 74,573 complaints — a 4.6 per cent increase on the previous year.
Grab a cup of coffee, and let's talk about something that's been making waves in the cybersecurity world: ransomware. You've probably heard about the alarming rise in ransom payments, but did you know that ransom monetization rates have actually fallen to a record low? It's a complex and evolving landscape, and we're here to break down the recent very interesting Coveware report for you.
Social platforms are the current favorite target of cybercriminals, displacing financial institutions, providing cybercriminals with credentials to be used as launch points for further phishing campaigns. Most cyber attacks we read about seem to involve an organization that was attacked because it was perceived to have a lot of money that could be parted with via ransomware, extortion, digital fraud, etc.
New analysis of the second quarter of this year makes it clear that individuals and organizations alike are at an increasing risk of web- and email-based scams.
According to a new report, cybercriminals are making full use of AI to create more convincing phishing emails, generating malware, and more to increase the chances of ransomware attack success. I remember when the news of ChatGPT hit social media – it was everywhere. And, quickly, there were incredible amounts of content providing insight into how to make use of the AI tool to make money.
New reports show many LinkedIn users have reported complaints about accounts being taken over by bad actors. In a statement from Cyberint researcher Coral Tayar, "Some have even been pressured into paying a ransom to regain control or faced with the permanent deletion of their accounts," The reported complaints are on other social media forum platforms such as Reddit, Microsoft, and X with several users expressing frustration due to the lack of response from their support team.
The Knight ransomware-as-a-service offering (formerly known as “Cyclops”) is using phony TripAdvisor complaints to deliver its malware, BleepingComputer reports. “A newer version of this campaign spotted and analyzed by BleepingComputer now includes an HTML attachment named 'TripAdvisor-Complaint-.PDF.htm,’” BleepingComputer says.
