Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

How Business Email Compromise and Fund Transfer Fraud Are Dominating Cyber Insurance Claims in 2024

Email Threats Continue to Hit Businesses Where It Hurts Most The cyber threat landscape in 2024 saw a continued rise in email-based attacks, with businesses facing increasingly sophisticated forms of business email compromise (BEC) and fund transfer fraud (FTF). These threats aren’t just technical — they hit organizations financially, emotionally, and operationally.

Phishing Kits Are Growing More Sophisticated; Focused on Bypassing MFA

Researchers at Cisco Talos warn that major phishing kits continue to incorporate features that allow them to bypass multi-factor authentication (MFA). Commodity phishing kits like Tycoon 2FA and Evilproxy achieve this by using reverse proxies to intercept traffic from the authentication process during a phishing attack.

SpyCloud Analysis Reveals 94% of Fortune 50 Companies Have Employee Data Exposed in Phishing Attacks

SpyCloud, the leading identity threat protection company, today released an analysis of nearly 6 million phished data records recaptured from the criminal underground over the last six months. Phishing attacks have been growing in scale and sophistication, and SpyCloud's research reveals that cybercriminals are increasingly targeting high-value identity data that can be used for follow-on attacks like ransomware, account takeover, and fraud.

Warning: Phishing Campaign Impersonates the US Social Security Administration

Researchers at Malwarebytes warn that phishing emails are impersonating the US Social Security Administration (SSA) to trick users into installing the ScreenConnect remote access tool. ScreenConnect is a legitimate tool used for remote IT management, but it can be abused by hackers to take control of victims’ computers.

As Vishing Gains Momentum, It's Time to Fight Back

The mechanisms and dangers of email phishing are well known, as are the best practices for hardening organizations against it. Its spin-off, called vishing, is nothing new, but it’s both rapidly evolving, and unlike the more mainstream counterpart, too often overlooked by security professionals. According to the CrowdStrike 2025 Global Threat Report, these offbeat attacks saw a 442% increase in the second half of 2024 compared to the first half of the year.

Getting Email Security Right

Let’s face it: your inbox is a warzone. Email security is a constant battle between evolving threats and the defenses designed to stop them. Every day, attackers bombard user inboxes with increasingly sophisticated phishing attempts, malware, and social engineering attacks. So, how do we win the battle? It’s not as simple as slapping on a piece of software; it’s about implementing a multi-layered approach that balances AI-driven automation and human expertise.

The Dark Side of Online Bookings: Infostealers and Phishing in the Hospitality Industry

The high profile MGM Resorts hack by ransomware group ALPHV/BlackCat has served as a wake up call to the hospitality industry, demonstrating that the industry is a lucrative target for cybercriminals. The hack was hugely impactful to MGM making for sensational headlines in mainstream media, however what struck security experts were the social engineering methods used by the threat actors and how effective they were in bypassing security controls and technologies.

Why Microsoft Email Security Benefits from a Layered Approach

The best secure email gateways mimic the tried and true “defense in depth” cybersecurity strategy by using a layered approach, including advanced features that make effective use of AI. The results are compelling, especially when two email security tools are used together, such as employing an additional secure email gateway to augment Microsoft Defender for Office 365 email security.