New analysis of attacks shows threat actors that traditionally focus on stealing data are now utilizing extortion as their monetization strategy, converging tactics with ransomware attacks. We’ve all become “comfortable” with the norm that ransomware gangs extort to make money…
Criminals used deepfake technology to steal $35 million from a company in the United Arab Emirates, Forbes reports. The attackers used “deep voice” technology to spoof the voice of a company’s director in order to trick a bank manager into…
A three-person team – including a personal banker at Bank of America – have been indicted for reportedly being behind a BEC scam that took 5 companies for over $1.1 Million. We often hear of (and tell) stories of scams,…
Despite increases in ransomware attacks, ransom amounts and how often payments are made, new data shows organizations aren’t responding in kind and putting response plans in place. As expected, we’re continuing to see data corroboration around the rise in ransomware…
Fraud victims suffer well-being costs of £9.3bn per year, according to a new study by Which? The consumer group made the calculation after conducting an analysis of the psychological harms experienced by people who lose money to scammers. The research…
Researchers at Google’s Threat Analysis Group (TAG) are tracking phishing campaigns by the Iranian threat actor APT35 (also known as Charming Kitten). The attackers used compromised websites to harvest users’ credentials. “In early 2021, APT35 compromised a website affiliated with…
