Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

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.

Phishing for Credentials in Social Media-Based Platform Linktree

Social media is designed of course to connect, but legitimate modes of doing so can be abused. One such case of abuse that’s currently running involves Linktree, a kind of meta-medium for social media users with many accounts. If you’re unfamiliar with Linktree, which, we stress, is a legitimate service, here’s how the company describes what it will let you do.

Phishing Email Volume Doubles in Q1 as the use of Malware in Attacks Slightly Declines

New data shows that cybercriminals started this year off with a massive effort using new techniques and increased levels of attack sophistication. According to cybersecurity vendor Vade’s Q1 2023 Phishing and Malware Report, the number of phishing attacks in Q1 this year reached the highest total since 2018. While January represented the lion’s share of Q1 phishing volume (approximately 87%), Vade detected over 562 million phishing emails.

That Email Isn't from the New Jersey Attorney General

Earlier this month, state employees in the US state of New Jersey began receiving emails that falsely represented themselves as originating with the state’s attorney general. “At first blush, the communiques appeared to come from the state Attorney General's Office and sported a convincing njoag.gov domain.

'Support' Tops the List of Combosquatted Domains Used in Phishing Attacks

A method used in domain impersonation attacks, combosquatting aids the threat actor by using a modified domain name to further increase the credibility of an attack. If you aren’t familiar with the term combosquatting, it’s where a threat actor takes a legitimate domain – let’s use companyco.tld and combine another phrase with the domain name to create something like support-companyco.tld.