Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

A new public service announcement focuses on a specific form of BEC attack using little more than a spoofed domain and common vendor payment practices to steal hardware, supplies and more. When I talk about BEC attacks, it’s usually a digital fraud type of attack where legitimate funds being paid to a vendor are diverted to an attacker-controlled bank account by means of the attacker using a spoofed domain or via email compromise.

Phishing attacks that can evade detection by email scanners are improving their chances of reaching the inbox, thanks to an increase in the use of one specific attachment type. According to new data found in HP Wolf Security’s latest Security Threat Insights Report for Q4 of 2022, 13% of all email threats being sent make their way past layered email security defenses to reach the user’s inbox. This, up from the previously published finding of 11.7% of threats doing so by Acronis.

Google’s Threat Analysis Group (TAG) has published a report describing the activities of “ARCHIPELAGO,” a subset of the North Korean state-sponsored threat actor APT43. ARCHIPELAGO’s operators frequently impersonate real journalists or experts in order to make initial contact with their targets.

Security teams are using automation solutions more and more to achieve consistent and faster response times. Some of these responses require emails to be sent to various users or groups, and traditional methods of sending emails are outdated and not very secure. Security teams also need the ability to read emails from specific mailboxes, whether that is for automating responses to phishing submissions or something similar.

There are several types of phishing cyberattacks such as smishing, whaling and spear phishing. It’s important to understand the different types of phishing attacks there are so you’re able to spot them. Knowing the different types of phishing attacks can make all the difference in keeping your information protected. Continue reading to learn more about the different types of phishing attacks and how you can keep yourself safe from them.

When it comes to cyberattacks, the human dimension of the cybersecurity environment is a complex vulnerability. Without awareness, any employee, contractor or user is the most unprotected asset. A person who can be easily exploited with a social engineering attack. Because of inherent human characteristics — ignorance, fear, misplaced trust — people are by nature very susceptible to being manipulated to let down their guard.

John Kevin Adriano, Trustwave SpiderLabs Security Researcher Tax season is a busy time of year for taxpayers and threat actors. Consumers and businesses focus on filing their taxes and getting excited over possible refunds, while cybercriminals roll out both their tried-and-true tax scams along with implementing new efforts.

Cybersecurity experts continue to warn that advanced chatbots like ChatGPT are making it easier for cybercriminals to craft phishing emails with pristine spelling and grammar, the Guardian reports. Corey Thomas, CEO of Rapid7, stated, “Every hacker can now use AI that deals with all misspellings and poor grammar. The idea that you can rely on looking for bad grammar or spelling in order to spot a phishing attack is no longer the case.

The US FBI is warning of business email compromise (BEC) attacks designed to steal physical goods. While BEC attacks are typically associated with stealing money, criminals can use the same social engineering tactics to hijack deliveries of valuable materials. The FBI says fraudsters are particularly interested in stealing construction materials, agricultural supplies, computer technology hardware and solar energy products.

The Australian Federal Police (AFP) have arrested four alleged members of an organized crime group known for carrying out business email compromise (BEC) attacks, BleepingComputer reports. The victims of the gang’s attacks lost between $2,500 and $500,000. “Four members of an alleged cyber criminal syndicate accused of money laundering $1.7 million in stolen cash from Australian and overseas victims have been charged in Brisbane, Adelaide and Melbourne,” the AFP said in a statement.