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Nigerian cyber gang SilverTerrier, specialized in BEC attacks, used COVID-19 lures in recent attacks on healthcare and government organizations. “Disguised as COVID-19 relief materials coming from a “Thai Medical Department,” these phishing emails were delivered with one of two samples of Lokibot malware designed to call out to 185[.]126[.]202[.]111
Threat actors continue to use COVID-19 lures, Google is reporting an increase in Coronavirus-themed phishing attempts in Brazil, India, and the UK. Google also revealed that hackers are also attempting to impersonate government authorities and healthcare organizations, including the WHO, to trick victims that are in smart working.
Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches. Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 US Sanctions Iranian Officials : The US government sanctioned six Iranian officials in response to cyber attacks on an Israeli PLC vendor.
The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.
In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. Developers author sophisticated ransomware variants and provide regular updates to ensure their efficacy.
Researchers at Menlo Security discovered three state-sponsored phishing campaigns that have targeted 40,000 important individuals over the past three months. “In The first campaign, “LegalQloud,” is impersonating Microsoft to target government workers and investment bankers in North America.
The Conti ransomware gang is using BazarCall phishing attacks as an initial attack vector to access targeted networks. BazarCall attack, aka call back phishing, is an attack vector that utilizes targeted phishing methodology and was first used by the Ryuk ransomware gang in 2020/2021.
. “The defendants at one time possessed a target list of over 1,800 online accounts, including accounts belonging to organizations and companies involved in aerospace or satellite technology and international government organizations in Australia, Israel, Singapore, the United States, and the United Kingdom.”
The DarkSide group has publicly stated that they prefer to target organizations that can afford to pay large ransoms instead of hospitals, schools, non-profits, and governments.[ Enable strong spam filters to prevent phishing emails from reaching end users. 3 ],[ 4 ]” reads the joint alert.
“The company has robust internal processes and a system of advanced security technology in place to detect phishing attempts and protect itself from such attacks. Another curious, if only coincidental, development: On April 4, 2019, the government of India sold “enemy” shares in Wipro worth approximately $166 million.
state privacy laws, the EUs governance of ethical AI deployment, and updated regulations in India and Japan. The SEC Cybersecurity Disclosure Rule highlights transparency in governance. Seara Jose Seara , CEO, DeNexus Recent regulatory updates highlight a shift toward robust cyber risk governance, requiring organizations to adapt.
Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.
One of the more damaging side-effects of the coronavirus pandemic has been the increase in targeted phishing scams. As of 15 May, the UK’s cyber crime agency had uncovered 7,796 phishing emails linked to COVID-19. Phishing is just one of many security problems that the coronavirus pandemic is causing organisations.
Welcome to our November 2022 review of phishing attacks, in which we explore the latest email scams and the tactics that cyber criminals use to trick people into handing over personal data. Cancer research facility reports phishing attack. Twitter’s verification chaos creates authentication conundrum.
Welcome to our July 2022 review of phishing attacks, in which we explore the latest email scams and the tactics that cyber criminals use to trick people into handing over their personal data. NFT marketplace warns users of phishing scams. NFT marketplace warns users of phishing scams. We are working with Customer.io
In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals.
Welcome to our April 2023 review of phishing attacks, in which we explore the latest email scams and the tactics that cyber criminals use to trick people into handing over personal data. YouTube warns of monetisation scam Content creators on YouTube are being warned about a phishing campaign regarding an apparent “new monetisation policy”.
The researchers analyzed two campaigns attributed to Earth Longzhi; the first one conducted between 2020 to 2021 targeted the government, infrastructure, and health industries in Taiwan and the banking sector in China. The new APT group used spear-phishing emails as an attack vector to deliver Earth Longhzhi’s malware.
Threat actors can exploit this data to carry out a broad range of fraudulent activities, from phishing attacks to identity theft. The Colorado Department of Health Care Policy & Financing (HCPF) is a state government agency in the U.S. state of Colorado. CDHE did not disclose the number of impacted individuals.
CyberheistNews Vol 13 #20 | May 16th, 2023 [Foot in the Door] The Q1 2023's Top-Clicked Phishing Scams | INFOGRAPHIC KnowBe4's latest reports on top-clicked phishing email subjects have been released for Q1 2023. The Snake peer-to-peer botnet had infected computers of some NATO member governments.
CyberheistNews Vol 13 #13 | March 28th, 2023 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks Users need to adapt to an evolving threat landscape in which attackers can use AI tools like ChatGPT to craft extremely convincing phishing emails, according to Matthew Tyson at CSO. "A We must ask: 'Is the email expected?
Welcome to July’s review of phishing scams, in which we look at criminals’ latest tactics and provide examples of successful frauds. The number of officially reported HMRC-branded phishing scams increased from 572,029 in the 2019–2020 fiscal year to 1,069,522 in 2020–2021, according to data obtained under the Freedom of Information Act.
Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation. In addition to the monetary penalty of $5 million, NYDFS also accepted Carnival’s surrender of its insurance producer license; thus, Carnival has ceased selling insurance in New York.
18, 2021, when an employee on a Windows computer opened a booby-trapped Microsoft Excel document in a phishing email that had been sent two days earlier. That compliance centered on the Health Insurance Portability and Accountability Act (HIPPA), which prioritizes protecting the integrity and privacy of patient data.
If you’re interested in detailed breakdowns of these incidents, why not subscribe to our Weekly Round-up or visit our blog , where we have a dedicated series on phishing scams ? Louis Community College caught out by phishing scam (5,100). Gambling firm Golden Entertainment discloses details of phishing scam (unknown).
The threat actor mainly targets insurance, consulting, and construction companies. The group’s distinctive features are the high quality of their phishing attacks and the use of legitimate services, which makes it very difficult to detect its malicious activity in companies’ infrastructures. The energy sector: Hidden threats.
US government agencies warned that the Daixin Team cybercrime group is actively targeting the U.S. The threat actors obtained the VPN credentials through phishing attacks. Healthcare and Public Health sector with ransomware. businesses, mainly in the Healthcare and Public Health (HPH) Sector, with ransomware operations.
Want to stay up to date with the latest phishing scams ? In our first review of 2020, we look at a new twist on a PayPal scam, and discuss data breaches at an IVF treatment facility and in the Singapore government. Latest PayPal phishing scam goes for more than just your login details. Login vs log in.
If you’re facing a cyber security disaster, IT Governance is here to help. Our Cyber Incident Response service provides the help you need to deal with the threat, as our experts guide you through the recovery process. They’ll review the breach, mitigate the damage and ensure that you are up and running again as soon as possible. Ransomware.
On average, one in ten emails is a phishing scam. Very few respondents said they were likely to be lured by the most common pitfalls of phishing scams: Urgency: 10.7%. To see whether respondents really weren’t tempted by such scams, PhishMe sent them a series of simulated phishing emails. How does phishing work? >>
Whether you’re forced to work from home, out of work or otherwise preoccupied by the stress and discomfort of lockdown, we are all more susceptible to phishing emails than ever before. The email should raise suspicions if you’re aware of how phishing scams work. Tesco isn’t the only supermarket to be imitated in a scam like this.
As the UK heads back into lockdown, we expect to see a fresh wave of phishing attacks capitalising on the public’s fear and uncertainty. At the start of the pandemic, we discussed emerging phishing scams centred on the coronavirus. But if we are to shut down these phishing attacks, people must share scams when they receive them.
IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. Cyber Essentials is a UK government scheme that outlines five key controls, including patch management, that can prevent up to 80% of cyber attacks.
The records also reveal how Conti dealt with its own internal breaches and attacks from private security firms and foreign governments. The government of Costa Rica is forced to declare a state of emergency after a ransomware attack by Conti cripples government systems. It emerges that email marketing giant Mailchimp got hacked.
In the last year, the news media has been full of stories about vicious cyber breaches on municipal governments. From Atlanta to Baltimore to school districts in Louisiana, cyber criminals have launched a wave of ransomware attacks on governments across the country.
Canadian insurer Heartland Farm Mutual says an employee’s email account breached (unknown). Brazilian health insurer Hapvida discloses cyber attack (unknown). Western Australia government hacked, with COVID-19 communications intercepted (unknown). University of Utah notifying patients after phishing attack (10,000).
phishing emails every week. There’s plenty of advice on how to spot phishing scams , but without any real-world examples that explain how they work, it can be easy to see the threat as purely theoretical. That’s why we’ve decided to review phishing attacks in practice. Your employees receive an average of 4.8 What’s the lesson?
Why Cyber Insurance is Essential in 2022. One of the most common weaknesses is people’s susceptibility to social engineering attacks, such as phishing. Phishing attacks do this primarily with emails, although attacks can also occur on social media and by text message. How we can help.
Phishing and malware were the most common tools for cyber crime – and the larger the organisation, the more likely they were to fall victim. Among small businesses, phishing attacks were successful 29% of the time and malware 20% of the time. Beaming’s Five Years in Cyber Security found that 1.5
It’s no surprise that phishing emails have been on the rise since the lockdown began, but a new report has found that the problem is just as bad – if not worse – for organisations directly involved in the coronavirus response. Phishing scams. million and essential services under attack appeared first on IT Governance UK Blog.
These documents are likely needed so that the loan company can apply for the free income-driven government repayment plans , such as the PAYE (Pay As You Earn Repayment Plan) or IBR (Income-Based Repayment Plan). However, the US government makes these services available for free to consumers. Disclosure.
If you’re facing a cyber security disaster, IT Governance is here to help. Our Cyber Incident Response service provides the help you need to deal with the threat, as our experts guide you through the recovery process. They’ll review the breach, mitigate the damage and ensure that you are up and running again as soon as possible.
As a matter of fact, the most-reported crime in the 2021 Internet Crime Report report was phishing , a social engineering scam wherein the victim receives a deceptive message from someone in an attempt to get the victim to reveal personal information or account credentials or to trick them into downloading malware. costing an estimated $18.88
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