Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

On July 26, the U.S. Security & Exchange Commission (SEC) announced several new cybersecurity rules, taking affect mid-December 2023, that will significantly impact all U.S. organizations (and foreign entities doing business in the U.S.) that must follow SEC regulations. Although the announcement did not generate a ton of fanfare off the normal business and cybersecurity sites, the rules will greatly increase resource requirements and actions.

New data shows how the overwhelming majority of phishing attacks on financial institutions dwarf every other industry sector by as much as a factor of 30-to-1. It’s no secret that banks and other types of financial institutions hold all the money, so it should be no surprise that's where cybercriminals focused their malicious activities last year, according to Group IB’s Digital Risk Trends 2023 report.

In the ever-evolving landscape of cyber threats, scammers and hackers are relentless in exploiting every avenue of communication. From emails to texts, calls to QR codes, malicious actors are finding new ways to compromise your privacy and security. One such emerging threat is the rise of QR code phishing attacks, a blend of QR codes and phishing designed to trick individuals into revealing sensitive information.

Now being commonly referred to as “Scama” – short for Scamming Method – these kits are being sold promoting highly advanced feature sets, turning the novice scammer into a pro. I’ve covered a number of Phishing-as-a-Service kits on this blog, but we’re seeing an evolution in both the kit features and how they’re being promoted on the dark web.

DMARC, which stands for "Domain-based Message Authentication, Reporting and Conformance," is an email authentication protocol that protects your domain from domain spoofing and impersonation attacks. Implementing a DMARC policy in your domain's DNS records helps to protect your email recipients from spam and malware, while maintaining your domain and brand credibility.

As companies use more tools and features, employee security risks grow too. While we all know email is a big target for attackers, it’s important to remember that email is not the only risk vector. Email is just one piece of the puzzle, which is why it is crucial to consider a wide range of employee security behaviours to get a holistic view of your risks. By doing so, you can focus resources more efficiently. Human Risk Management (HRM) is a vital part of cyber security in the workplace.

To celebrate National Computer Security Day, which is recognized on November 30 every year, KnowBe4 encourages all IT and security professionals to train their workforce how to stay safe from cybersecurity threats as the organization’s last line of defense. It is also crucial to focus on building a strong security culture by educating employees about today’s cyber threat landscape and how they can play a role in protecting the organization.

Once again companies are being warned to be wary of past employees who may turn rogue.

There’s been a “precipitous rise” in QR code phishing campaigns in 2023, according to Matthew Tyson at CSO. “For the attacker, QR codes bring a number of benefits, including some appreciated by legitimate businesses: they are easy to create and easy to use,” Tyson writes.

Phishing is a longstanding danger of the digital world that most people are aware of. Whether it happens via email, text message, social media, or any other means, phishing presents a risk to all users. In recent years, the growing popularity of QR codes for all manner of operations has created an environment ripe for cybercriminals to take advantage of.