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Seeking very large paydays, Vendor Email Compromise (VEC) threat actors are finding out what works and repurposing their content and processes to increase chances of seeing a massive payout. VEC is a form of Business Email Compromise (BEC) where an email account isn’t just impersonated (e.g., using someone’s name, a lookalike domain, etc.) but actually compromising credentials and taking over an account of someone within an organization.

Staying one step ahead of cybercriminals is absolutely vital in today’s threat landscape. That's why we're thrilled to introduce PhishER Plus, a revolutionary product from KnowBe4 that takes your anti-phishing defense to a whole new level. Phishing attacks remain the top cyberthreat out there. It's tough to keep up with the ever-evolving techniques of bad actors.

As traditional phishing attack attachment types like Office documents dwindle in use, threat actors look for new effective ways to use email as a delivery medium to launch an attack. We’ve seen email attachments being used in cyberattacks for decades now, so it shouldn’t come as a surprise to anyone working in an office that a strange attachment type may be malicious. And yet, this trend continues, despite threat actors changing which types of attachments to use.

In this comprehensive guide, we will delve into the world of DMARC (Domain-based Message Authentication, Reporting, and Conformance) and explore how it enhances email security, protects against phishing attacks, and ensures the authenticity of emails. As a leading expert in cybersecurity, we will provide you with valuable insights and detailed information on how DMARC works, its benefits, implementation steps, and best practices.

Researchers at BlueVoyant warn that attackers are increasingly adding an extra step to their phishing campaigns, impersonating third-parties to lend credibility to the scams. “Third-party phishing sites…will include some characteristics of the original flow, with an added step – the initial impersonation that establishes credibility to the end user is a service that is not connected to the targeted organization,” the researchers write.

During the summer months, when employees and customers are away on vacation, things usually slow down for businesses. But for cybercriminals, the opposite is true because they are busy taking advantage of minimal staffing levels in companies during the vacation period to launch complex attacks. The U.S. Federal Cybersecurity and Infrastructure Security Agency (CISA), warns that the risk of being hit by a cyberattacks rises over the holidays and summer vacation-themed phishing attacks gain momentum.

Researchers at Akamai describe a credential phishing campaign that’s been running since at least March 2022. Due to the volume of traffic to the phishing sites, the researchers estimate that the attackers are raking in up to $150,000 per year by selling the stolen credentials. “This ongoing research led to the discovery of multiple templated sites used as front-ends for the scam infrastructure that have been tied to more than 40,000 malicious routing domains,” the researchers write.

The US Cybersecurity and Infrastructure Security Agency (CISA) has found that compromise of valid accounts and spear phishing attacks were the two most common vectors of initial access in 2022, Decipher reports. Valid accounts were compromised in 54% of successful attacks. “Valid accounts can be former employee accounts that have not been removed from the active directory or default administrator accounts,” CISA said.

We've reported on several Amazon scams, but for once, there is positive news. Amazon sent an email Thursday morning highlighting the top scams your users should watch out for: Prime Membership Scams Per Amazon, "These are unexpected calls/texts/emails that refer to a costly membership fee or an issue with your membership and ask you to confirm or cancel the charge.