Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

More InterPlanetary File System Services Use Also Means Phishing Abuse by Cybercriminals

The InterPlanetary File System (IPFS), a distributed file-sharing system that represents an alternative to the more familiar location-based hypermedia server protocols (like HTTPS), is seeing more use in file-storage, web-hosting, and cloud services. As might be expected, more use is accompanied by more abuse via phishing attacks.

Comprehensive Anti-Phishing Mitigations: A Quick Overview

The evidence is clear – there is nothing most people and organizations can do to vastly lower cybersecurity risk than to mitigate social engineering attacks. Social engineering is involved in 70%-90% of all successful attacks. No other root cause of initial breach comes close (unpatched software is involved in 20% to 40% of attacks and everything else is in the single digits). Every person and organization should create their best possible defense-in-depth plan to fight social engineering.

Walmart Jumps to Top of the List of the Worlds Most Impersonated Brands Used in Phishing Attacks

Walmart’s rise to become the brand most likely to be impersonated in Q1 of this year is a real problem. If you’ve been paying attention to brand impersonation in phishing attacks, you know the premise is to use a brand that a large number of potential victims do business with as a means of both establishing credibility. For many quarters, we continually saw Microsoft and/or Microsoft 365 as the brand of choice due to its wide use.

Response-Based Business Email Compromise Contributes to 97% of Attacks

The malwareless and seemingly benign nature of business email compromise emails, mixed with impersonation techniques, are difficult to spot as being malicious, making them even more dangerous. I’ve covered both the threat of business email compromise and response-based email attacks before. How can I not? They are prominent techniques used by phishing scammers everywhere. But it’s the reported combination of the two by Phish Labs that has me concerned.

Crypto is Being Stolen Via Compromised AT&T Email Accounts

Communications company AT&T offers email services to many of its customers. Those emails have recently been compromised by way of an interesting exploit that is costing customers millions of dollars in stolen cryptocurrency. AT&T customers are having their email accounts attacked, and those exploited email accounts are being used to steal additional data and to access cryptocurrency exchange accounts, which is a very serious issue for the impacted users.

Phishing Attack Frequency Rises Nearly 50% as Some Sectors Increase by as Much as 576%

New data provides a multi-faceted look at the changing face of phishing attacks. This data includes who’s being targeted, the tactics being used, and why phishing attacks continue to work. If 2022 is any indication of what the remainder of this year will hold for organizations fending off cyber attacks, cybersecurity efforts are going to need a whole lot more emphasis.

Why Ransomware and Business Email Compromise Remain Top Attack Types

The continued increase in cybercrime and breach attempts is not a new trend. For years now, the percentages have ticked upwards, and though cybersecurity has evolved, so have hackers seeking data, money, or infamy. While the initial attack vectors can be myriad — vulnerability exploits, misconfigurations, and credential theft to name a few — there are two tactics that stand tall above the rest: Ransomware and business email compromise (BEC).

FedEx Phishing Campaign Abusing TrustedForm and PAAY

Netskope Threat Labs is tracking a phishing campaign that mimics a FedEx package delivery as bait to steal credit card data. This type of social engineering attack is commonly found in phishing pages, emails, and other scams, where a false sense of urgency is created to urge the victim into doing an action that eventually leads to personal data theft.