The International Monetary Fund (IMF) has warned that severe cyber attacks against financial institutions could lead to major bank runs and market selloffs. While this hasn’t happened yet, the IMF has observed these effects on a smaller scale after a cyber attack hits a bank.

Researchers at BlueVoyant observed a 50% increase in large-scale malvertising campaigns in 2023 compared to 2022. “Fraudulent search engine ads appear as benign advertisements, almost indistinguishable from legitimate ones,” the researchers write. “This makes ads a highly effective distribution mechanism since users often rely on the top search result rather than directly typing in a domain.

As the April 15, 2024 filing deadline approaches, tax scammers are working overtime to take advantage of rushed or stressed taxpayers. This tax season, scammers have adopted more sophisticated techniques - particularly leveraging artificial intelligence (AI) to disguise their schemes. However, remaining vigilant and taking some simple precautions can help you avoid becoming a victim.

I have been in the cybersecurity industry for over 35 years and I am the author of 14 books and over 1,400 articles on cybersecurity. I regularly speak with thousands of cybersecurity practitioners each year. Nearly every day, I see (good) cybersecurity advice, but some of it is just a bit shy of what is needed…such as “Use MFA!”. That is good advice, but is not specific enough. It does not give enough detail. There is a slight adjustment needed to get the most benefit.

A new PhaaS service brings the power of bypassing multi-factor authentication (MFA) to the world’s most-used email platforms. At its core, Tycoon 2FA isn’t doing anything new. It uses a reverse proxy server to host a phishing web page that impersonates the legitimate email platform in question. Then it intercepts the victim's input and relays them to the legitimate service. But it’s how this platform does it that is sophisticated.

Social media has become an indispensable tool for communication, outreach, and engagement. From world leaders to high-profile individuals, these platforms offer an unparalleled opportunity to connect with the masses. However, as recent incidents have shown, the very same platforms can also be a double-edged sword, exposing vulnerabilities and putting sensitive information at risk.

A new campaign of StrelaStealer attacks identified by security analysts at Unit42 has been spotted targeting E.U. and U.S. organizations. This somewhat new infostealer has evolved to be even better at evading detection in a new string of campaigns aimed at stealing email credentials from well-known email clients.

The Australian Government has leveraged insight from cybersecurity experts to create a new six-part plan to combat cybersecurity over the coming decade. The cybercrime economy is booming and growing every year. What’s needed is a bold vision to not just respond to the current state of threats, but to jump years ahead of it. And that’s what we find in the Australian Government’s 2023-2030 Australian Cybe rsecurity Strategy.

A new string of multi-factor authentication (MFA) attacks targeting the reset of Apple IDs seem to be popping up in a likely attempt to steal the victim’s digital identity and more. A recent post on Twitter/X from entrepreneur Parth Patel outlines his experience when his phone became inundated with requests to reset his Apple ID password – to the tune of over 100.

New data shows that the attacks IT feels most inadequate to stop are the ones they’re experiencing the most. According to Keeper Security’s latest report, The Future of Defense: IT Leaders Brace for Unprecedented Cyber Threats, the most serious emerging types of technologies being used in modern cyber attacks lead with AI-powered attacks and deepfake technology. By itself, this information wouldn’t be that damning.