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Phishing-cybercrime
Cyber Security

Darktrace: Email Phishing Remains A Major Threat

Deepak
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Darktrace has released its “First 6: Half-Year Threat Report 2024,” identifying key threats and attack methods facing businesses across the first half of 2024. These insights, observed by Darktrace’s Threat Research team using its unique Self-Learning AI across its customer fleet, shed light on the persistent nature of cyber threats and new techniques adopted by attackers attempting to sidestep traditional defenses. “The threat landscape continues to evolve, but new threats often build upon old foundations rather than replacing them. While […]
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ESET-Zimbra
News

Mass campaign Aimed At Stealing Zimbra Email Users’ Credentials Underway

Deepak
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ESET researchers have uncovered a mass-spreading phishing campaign aimed at collecting Zimbra account users’ credentials. The campaign has been active since at least April 2023 and is still ongoing. Zimbra Collaboration is an open-core collaborative software platform, a popular alternative to enterprise email solutions. The campaign’s targets are a variety of small and medium businesses and governmental entities. According to ESET telemetry, the largest number of targets are located in Poland; however, victims in other European countries such as Ukraine, […]
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Maher Yamout, Lead Security Researcher at Kaspersky
Cyber Security

Kaspersky Reveals The UAE’s Top Four Email Scams

Deepak
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Kaspersky experts have outlined top four email scam themes and tactics currently prevalent in the Middle East, Türkiye, Africa region (META). These scams highlight different social engineering techniques used by cybercriminals, however the objective remains the same, which is to entice unsuspecting victims and steal their personal and financial information. Phishing remains the most common type of social engineering attacks. According to the Spam and Phishing in 2022 report, Kaspersky’s anti-phishing system thwarted over 500 million attempts to access fraudulent Web […]
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Matthew Prince, co-founder and CEO of Cloudflare
News

Cloudflare Helps Global Network To Identify Top Exploited Phishing Methods

Deepak
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Cloudflare has released its inaugural 2023 Phishing Threats Report. The findings highlight that phishing remains the most dominant and fastest growing Internet crime, largely due to the ubiquity of email and the ceaseless issue of human error that is preyed upon by today’s threat actors. While business email compromise (BEC) losses have topped $50 billion, corporate organizations are not the only victims that attackers are after. The real implications of phishing go beyond Fortune 500’s and global companies, extending to small and local […]
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Phishing-cybercrime
News

Trend Micro Helps INTERPOL Dismantle Phishing-as-a-Service Operation

Deepak
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Trend Micro has announced that its close cooperation with law enforcement has led to another major win after the dismantling of a prolific phishing-as-a-service (PaaS) operation. Jon Clay, VP of threat intelligence at Trend: “Trend has been a committed partner of INTERPOL for many years, so when the call came for help, we didn’t waste a second. As this takedown proves once again, public-private partnerships backed by powerful threat intelligence can be a force multiplier for international cybercrime investigations.” Trend […]
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Nick-Edwards-Vice-President-Product-Management-at-Menlo-Security
Cyber Security

Menlo Security Unveils AI-Powered Phishing And Ransomware Protection

Deepak
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Menlo Security has announced HEAT Shield and HEAT Visibility, the industry’s first suite of threat prevention capabilities designed to detect and block highly evasive threats targeting users via the web browser. Menlo Security HEAT Shield detects and blocks phishing attacks before they can infiltrate the enterprise network. It uses novel, AI-based techniques – including computer vision combined with URL risk scoring and analysis of the web page elements – to accurately determine in real time if the link being accessed […]
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cryptocurrency hackers
Cyber Security

Kaspersky Discovers New Phishing Scheme Targeting Cryptocurrency

Deepak
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Kaspersky has unearthed a phishing campaign targeting cryptocurrency users across the globe. The scheme showcases the ever-evolving tactics used by cybercriminals, reflecting cryptocurrency’s increasing appeal. During the spring of 2023 alone, Kaspersky’s solutions detected and thwarted over 85,000 scam emails, encompassing both hot and cold wallets. Kaspersky provides an in-depth report revealing the intricacies of these two distinct email attack techniques and enlightening the differences in hot and cold cryptocurrency storage methods. With over 400,000,000 cryptocurrency wallet owners globally, as […]
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Kaspersky
News

ChatGPT Phishing Fantasies: Will AI Chatbots Help Fight Cyberscam?

Deepak
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While ChatGPT had previously demonstrated the ability to create phishing emails and write malware, its effectiveness in detecting malicious links was limited. The study revealed that although ChatGPT knows a great deal about phishing and can guess the target of a phishing attack, it had high false positive rates of up to 64 percent. Often, it produced imaginary explanations and false evidence to justify its verdicts. ChatGPT, an AI-powered language model, has been a topic of discussion in the cybersecurity […]
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cryptocurrency hackers
News

Cryptoscams drive 189% increase in phishing attacks exploiting Google services

Deepak
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Kaspersky has highlighted the surge in attempts to access phishing resources mimicking Google services. In January 2023, experts witnessed a 189% increase in attempts worldwide, (compared to December 2022), with the trend set to continue in February. Such phishing pages are designed to lure unsuspecting users into giving up their login credentials, allowing attackers to gain access to multiple users and accounts within a company’s ecosystem. Google’s YouTube video hosting platform is a particular target for fraudsters, as they can […]
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Ransomware red button on keyboard, 3D rendering
Cyber Security

Targeted UAE organizations lost over US$1.4 million in ransomware in 2022

Deepak
0
Acronis has released its latest cyberthreats and trends report for the second half of 2022 which found that phishing and the use of MFA fatigue attacks, an extremely effective method used in high-profile breaches, are on the rise. Of note, the report found that threats from phishing and malicious emails have increased by 60% and the average data breach cost is expected to reach US$5 million by next year. The research team who authored the report also saw social engineering […]
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ESET-TikTok
Expert Corner

Beware of TikTok scams

Editor
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Are you aware of the perils of the world’s no. 1 social media, asks Jake Moore, the Global Security Advisor for ESET and he further probes do you know how to avoid scams and stay safe on TikTok?
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