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SilverTerrier gang uses COVID-19 lures in BEC attacks against healthcare, government organizations

Security Affairs

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

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COVID-19 themed attacks increase in Brazil, India, and UK

Security Affairs

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.

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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

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.

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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

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.

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The Financial Dynamics Behind Ransomware Attacks

Security Affairs

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.

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State-Sponsored Phishing Campaigns Target 40,000 VIP Individuals

KnowBe4

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.

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BazarCall attacks have revolutionized ransomware operations

Security Affairs

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.