Monthly Archives: May 2024

Cyber Insurance Claims Rise Due To Phishing and Social Engineering Cyber Attacks

New data covering cyber insurance claims through 2023 shows claims have increased while reaffirming what we already know: phishing and social engineering are the real problem.

Newly Updated Grandoreiro Banking Trojan Distributed Via Phishing Campaigns

Researchers at IBM X-Force are tracking several large phishing campaigns spreading an updated version of the Grandoreiro banking trojan.

CyberheistNews Vol 14 #21 How Come Unknown Attack Vectors Are Surging in Ransomware Infections?

New Threat Report Finds Nearly 90% of Cyber Threats Involve Social Engineering

Analysis of over 3.5 billion attacks provides insight into where threat actors are placing their efforts and where you should focus your cyber defenses.

8 out of 10 Organizations Experience a Cyber Attack and Attribute Users as the Problem

Regardless of whether your environment is on-premises, in the cloud or hybrid, new data makes it clear that users are the top cybersecurity concern, and we cover what you can do about it.

Verizon: The Human Element is Behind Two-Thirds of Data Breaches

Despite growing security investments in prevention, detection and response to threats, users are still making uninformed mistakes and causing breaches.

Black Basta Ransomware Uses Phishing Flood to Compromise Orgs

Rapid7 reports an interesting social engineering scheme that easily bypasses content filtering defenses and creatively uses a fake help desk to supposedly “help” users put down the attack.

Scam Service Attempts to Bypass Multi-factor Authentication

A scam operation called “Estate” has attempted to trick nearly a hundred thousand people into handing over multi-factor authentication codes over the past year, according to Zack Whittaker at TechCrunch.

FBI Warns of AI-Assisted Phishing Campaigns

The US Federal Bureau of Investigation’s (FBI’s) San Francisco division warns that threat actors are increasingly using AI tools to improve their social engineering attacks.

Phishing and Pretexting Dominate Social Engineering-Related Data Breaches

New data shows that despite the massive evolution of the cybercrime economy, threat actors are sticking with the basics in social engineering attacks, with a goal at stealing data.

Attackers Leveraging XSS To Make Phishing Emails Increasingly Evasive

Attackers are exploiting Reflected Cross-Site Scripting (XSS) flaws to bypass security filters, according to a new report from Vipre. This technique allows attackers to send benign links in phishing emails that will redirect users to malicious sites.

“Unknown” Initial Attack Vectors Continue to Grow and Plague Ransomware Attacks

Trend analysis of ransomware attacks in the first quarter of this year reveals a continual increase in the number of “unknown” initial attack vectors, and I think I might understand why.

CyberheistNews Vol 14 #20 Verizon: Nearly 80% of Data Breaches Involve Phishing and the Misuse of Credentials

New Research: Number of Successful Ransomware Attacks Rise 29% in a Just One Year

New analysis of Q1’s ransomware attacks uncovers a single group responsible for the majority and discusses what makes them so successful.

Alert: Nova Scotians Hit by Surge of Sophisticated Spear Phishing Scams

The Royal Canadian Mounted Police (RCMP) in Nova Scotia is warning of spear phishing attacks that impersonate company managers. The scammers text company employees requesting a payment to cover an urgent business need.

Reality Hijacked: Deepfakes, GenAI, and the Emergent Threat of Synthetic Media

“Reality Hijacked” isn’t just a title—it’s a wake-up call. The advent and acceleration of GenAI is redefining our relationship with ‘reality’ and challenging our grip on the truth.

[Beware] Ransomware Targets Execs’ Kids to Coerce Payouts

Just when you think bad actors cannot sink any lower, they find a way to. In a recent chilling evolution of ransomware tactics, attackers are now also targeting the families of corporate executives to force compliance and payment. 

Ransomware Detection Time Shortens by 44% as Organizations Attempt to Keep Up with Attackers

New data shows organizations are improving their ability to detect and respond to ransomware attacks, but is it fast enough to make a difference and stop attacks?

Google’s Multi-Party Approval Process Is Great, but Not Unphishable

Like most observers, I celebrated Google’s recent announcement on April 9th about new multi-party approvals for a handful or so of common actions accomplished by super admins in Google Workspace.

Arizona Election Workers Battle Against Deepfake Threats in New AI Defense Drill

In the quest to secure the integrity of elections, Arizona election workers have taken a groundbreaking step by participating in a first-of-its-kind drill meant to defend against a new wave of AI-generated threats.