Articles about Phishing

Gambling with cyber risk -- the odds are not on your side

Roulette wheel

A new report from secure collaboration platform Wire, produced in collaboration with a global poker champion, looks at the risks businesses run with cyber security and comparing them to other everyday occurrences, with some startling findings.

Among them are that an employee is three times more likely to infect a colleague with a malicious email than they are to spread the flu to their partner, and that an employee's chances of spotting a phishing email are as slim as hitting a specific number on the roulette wheel.

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Think you can spot a phishing email? Think again

Phishing password

People may not be as good as they think they are at spotting phishing scams, according to researchers at the Missouri University of Science and Technology.

Dr Casey Canfield, Missouri S&T assistant professor of engineering management and systems engineering, worked with Carnegie Mellon University colleagues Baruch Fischhoff and Alex Davis on the study, which measures how well people’s confidence in their ability to detect phishing matches with reality.

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Cybercriminals target Thomas Cook customers in the wake of the company's collapse

Thomas Cook

The collapse of travel firm Thomas Cook has caused chaos for hundreds of thousands of holidaymakers around the world. But if losing out on planned trips was not bad enough, cybercriminals are taking advantage of the confused situation to scam customers out of their money.

There have been numerous reports of fraudsters pretending to be representatives of either Thomas Cook or a bank, using the promise of a refund to get people to part with bank account details.

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Why we get hooked by phishing attacks

Phishing

What makes us click on phishing links? A new study from Webroot has surveyed 4,000 office professionals from the US, UK, Japan and Australia to find out.

While a majority (79 percent) of people report being able to distinguish a phishing message from a genuine one, 49 percent also admit to having clicked on a link from an unknown sender while at work.

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Phishing attacks against the Apple brand reach 1.6 million in six months

Phishing

There have been 1.6 million phishing attacks targeting the Apple brand name in the first half of 2019. This is up nine percent on the total number of attacks seen last year, revealing a growing trend.

These figures come from Kaspersky's Threats to Mac Users Report 2019, released this week, which shows the number of cases where users faced fraudulent web pages utilising the Apple brand as a decoy has increased significantly in the first six months of the year.

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Phishing attacks target UK SMBs

Phishing

According to a new study 43 percent of UK SMBs have suffered phishing attacks involving attempts to impersonate staff in the last year.

More concerning is that of those attacks 66 percent were successful in compromising data. The study from security and data anlaytics company CybSafe also finds only 47 percent of those surveyed say they have already got a cyber security training and awareness program in place.

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Enterprise security pros spend too long researching suspicious URLs

URL bar

Phishing threats tend to be fast moving, so the ability to block them quickly is essential for protection.

But a new survey finds that even large companies with multi-layer security controls and multiple threat feeds lack adequate safeguards to protect their employees from phishing attacks that employ links to malicious sites.

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Phishing and credential stuffing remain top threats

Phishing password

As we have seen in another report today, the financial sector remains a prime target for cybercriminals. Phishing attacks and credential stuffing are the two most common forms of attack used against the industry according to another report from Akamai.

In the six months between December 2018 and May 2019, nearly 200,000 phishing domains were discovered by the research and 50 percent of all unique organizations impacted are from the financial services sector.

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22 percent of businesses hit by phishing attacks in the last quarter

Phishing

In the past three months 22 percent of businesses have suffered a data breach as a result of an email attack according to a new report.

The study released by email security platform GreatHorn spoke to more than 1,000 professionals to get a better understanding of the current state of enterprise email security.

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Summer heightens cyber security risks

Beach sunset

You might think that cyber attacks are a constant year round activity, or perhaps that they are focused on peak shopping periods like Christmas. But a new study from threat protection specialist Lastline reveals many security professionals believe their organizations are more at risk in summer.

In a survey of 1,000 security professionals more than half believe cyber attacks are seasonal and 58 percent of those (30.5 percent overall) say that they see more attacks during the summer months.

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Impersonation attacks focus on payroll and supply chain

Deception man woman

Impersonating a company's CEO or other senior executive has become a favorite technique for cybercriminals seeking to extract payments from businesses.

Historically this has been aimed at accounts payable departments, but the latest email threat report from FireEye shows attackers using two new variants to target payroll and supply chains.

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Lack of awareness training raises phishing risk

Phishing

We know that phishing attacks are gaining in sophistication and are one of the most popular ways of hackers and cybercriminals gaining access to an organization's systems.

But this type of attack is notoriously difficult to guard against using technology and employee awareness is a big part of any business' defense strategy. This is underlined by a new report from awareness training company KnowBe4 which looks at the level of risk and finds that 29.6 percent of organizations are 'phish-prone'.

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Over three billion fake emails sent out daily

Email attack

At least 3.4 billion fake emails are sent around the world every day, according to a new report from email verification company Valimail, with the majority of suspicious emails coming from US-based sources.

The report shows that email impersonation -- accounting for 1.2 percent of all email sent in the first quarter of 2019 -- is a phishing attacker's primary weapon to gain access into an organization's network, systems, intellectual property and other sensitive assets.

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Phishing attacks grow in sophistication to evade defenses

Phishing

Despite businesses investing in next-gen technologies, phishing threats continue to become more sophisticated and effective according to a new report.

The study from intelligent phishing defense company Cofense shows how threat actors, armed with an ever-growing arsenal of tactics and techniques, continue to tweak their campaigns and enhance their capacity to deliver malware, ultimately getting more messages past perimeter controls to user inboxes.

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Social media phishing attacks up more than 70 percent

Phishing

Social media phishing, primarily on Facebook and Instagram, has seen a 74.7 percent increase in the first quarter of 2019.

A new report on the current phishing landscape from predictive email defense company Vade Secure also shows that Microsoft has retained its spot as the most impersonated brand for four straight quarters, due to the potentially lucrative returns to be gained from Office 365 credentials.

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