Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

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Scareware From a Phony Ransomware Group

BleepingComputer reports that a cybercriminal gang is sending phony ransomware threats to prior victims of ransomware attacks. The gang, which calls itself “Midnight,” claims to have stolen hundreds of gigabytes of data and threatens to leak it if the victim doesn’t pay a ransom. Security firm Kroll said the gang’s ransom notes use the names of more prolific ransomware actors.

Social Engineering Attacks Utilizing Generative AI Increase by 135%

New insights from cybersecurity artificial intelligence (AI) company Darktrace shows a 135% increase in novel social engineering attacks from Generative AI. This new form of social engineering that contributed to this increase is much more sophisticated in nature, using linguistics techniques with increased text volume, punctuation, and sentence length to trick their victim. We've recently covered ChatGPT scams and other various AI scams, but this attack proves to be very different.

Fake ChatGPT Scam Turns into a Fraudulent Money-Making Scheme

Using the lure of ChatGPT’s AI as a means to find new ways to make money, scammers trick victims using a phishing-turned-vishing attack that eventually takes victim’s money. It’s probably safe to guess that anyone reading this article has either played with ChatGPT directly or has seen examples of its use on social media. The idea of being able to ask simple questions and get world-class expert answers in just about any area of knowledge is staggering.

Latitude Forced To Stop Adding New Customers in Aftermath of Breach

Looks like Latitude Finance is trying to give consumers more "latitude" in their exposure to cyber risks. The Australian finance company admittedly fell victim to an attack that has exposed customer data and Latitude Financial has been forced to stop adding new customers from clients such as Apple, Harvey Norman and JB Hi-Fi as it tries to contain the damage from criminals, who still appear to be active in its computer systems.

Mid-Sized Businesses Lack the Staffing, Expertise, and Resources to Defend Against Cyberattacks

Mid-sized businesses – those with 250 to 2000 employees – don’t appear to have what they need to fend off attacks in a number of critical ways. Cybersecurity vendor Huntress’ latest report, The State of Cybersecurity for Mid-Sized Businesses in 2023, shows that mid-sized businesses are in a heap of trouble and simply aren’t prepared for an attack: In short, organizations have no internal resources to ensure the organization is improving its state of cybersecurity daily.

KnowBe4

KnowBe4 is the provider of the world's largest integrated platform for security awareness training combined with simulated phishing attacks. Join our more than 56,000 customers to manage the continuing problem of social engineering.

Cyberheist: The Biggest Financial Threat Facing Organizations Worldwide

Want to read this bestseller? Register now for your free (instant 240-page PDF download) Cyberheist e-book and learn how to not be the next victim! Cyberheist was fully updated and written for the IT team and owners / management of Small and Medium Enterprise, which includes non-profits, local and state government, churches, and any other organization with more than a few thousand dollars in their bank operating account.

4 Reasons Why SecurityCoach Helps Users Help Themselves

Your employees are your largest attack surface. For too long the human component of cybersecurity has been neglected, leaving employees vulnerable and creating an easy target for cybercriminals to exploit. But your users want to do the right thing. Rather than a hurdle to be overcome, organizations need to think of their employee base as an asset, once properly equipped.

The New Face of Fraud: FTC Sheds Light on AI-Enhanced Family Emergency Scams

The Federal Trade Commission is alerting consumers about a next-level, more sophisticated family emergency scam that uses AI that imitates the voice of a "family member in distress". They started out with: "You get a call. There's a panicked voice on the line. It's your grandson. He says he's in deep trouble — he wrecked the car and landed in jail. But you can help by sending money. You take a deep breath and think. You've heard about grandparent scams. But darn, it sounds just like him.