BEC scams

Cybercriminals turn to AI to bypass modern email security measures

Cybercriminals turn to AI to bypass modern email security measures 23/08/2023 at 06:31 By Help Net Security Cybercriminals employ artificial intelligence (AI) to create complex email threats like phishing and business email compromise (BEC) attacks, while modern email security systems use AI to counter these attacks, according to Perception Point and Osterman Research. AI’s role […]

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30% of phishing threats involve newly registered domains

30% of phishing threats involve newly registered domains 18/08/2023 at 05:31 By Help Net Security 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, according to Cloudflare. While business email compromise (BEC)

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1 in 100 emails is malicious

1 in 100 emails is malicious 02/08/2023 at 06:04 By Help Net Security BEC and phishing attacks soar by 20% and 41% respectively in H1 2023, according to Perception Point. Cyber attackers have continued to refine their methods, adopting more sophisticated techniques to exploit vulnerabilities across various sectors. With the ever-increasing reliance on workplace technologies,

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Number of email-based phishing attacks surges 464%

Number of email-based phishing attacks surges 464% 10/07/2023 at 06:45 By Help Net Security The evolving cyberattack landscape reveals the increasing utilization of generative artificial intelligence (AI) systems, like ChatGPT, by cybercriminals for crafting malicious content and executing sophisticated attacks, according to Acronis. The biannual threat report highlights ransomware as the dominant risk to small

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Widespread BEC attacks threaten European organizations

Widespread BEC attacks threaten European organizations 27/06/2023 at 06:06 By Help Net Security European organizations experienced a greater volume and frequency of BEC attacks over the last year, as compared to organizations in the United States, according to Abnormal Security. BEC attacks volume and frequency The data is based on an analysis of email attack

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The multiplying impact of BEC attacks

The multiplying impact of BEC attacks 12/06/2023 at 16:22 By Helga Labus The 2023 Verizon Data Breach Investigations Report (DBIR) has confirmed what FBI’s Internet Crime Complaint Center has pointed out earlier this year: BEC scammers are ramping up their social engineering efforts to great success. BEC attackers targeting the real estate sector The FBI

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Verizon 2023 Data Breach Investigations Report: 74% of breaches involve human element

Verizon 2023 Data Breach Investigations Report: 74% of breaches involve human element 06/06/2023 at 16:01 By Help Net Security Verizon Business today released the results of its 16th annual Data Breach Investigations Report (2023 DBIR), which analyzed 16,312 security incidents and 5,199 breaches. Chief among its findings is the soaring cost of ransomware – malicious

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Threat actors exploit new channels for advanced phishing attacks

Threat actors exploit new channels for advanced phishing attacks 26/05/2023 at 07:36 By Help Net Security Perception Point’s team has identified a 356% increase in the number of advanced phishing attacks attempted by threat actors in 2022. Overall, the total number of attacks increased by 87%, highlighting the growing threat that cyber attacks now pose

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