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Email attacks overtook exploits as the top ransomware root cause last year. Multifactor authentication (MFA) was deployed in 97% of credential-based attacks but failed to prevent compromise.
Interpol said law enforcement across 19 countries made 574 arrests and recovered $3 million, against a backdrop of spiraling cybercrime in the region, including business email compromise, digital extortion, and ransomware schemes.
Attackers compromise hospitality providers with an infostealer and RAT malware and then use stolen data to launch a phishing attacks against customers via both email and WhatsApp.
Researchers say a likely Russian APT used a compromised employee email account to attack Kazakhstan's biggest company, though the oil and gas firm claims it was a pen test.
While no sensitive financial data like credit card information was compromised, the threat actors were able to get away with names, email addresses, phone numbers, and more.
The networking giant said this week that an employee suffered a voice phishing attack that resulted in the compromise of select user data, including email addresses and phone numbers.
Cybercrime accounts for more than 30% of all reported crime in East Africa and West Africa, with online scams, ransomware, business email compromise, and digital sextortion taking off.
Interpol's Operation Secure arrested more than 30 suspects across Vietnam, Sri Lanka, and Nauru, and seized 117 command-and-control servers allegedly used to run widespread phishing, business email compromise, and other cyber scams.
Interpol's Operation Secure arrested more than 20 suspects across Vietnam, Sri Lanka, and Naru, and seized 117 command-and-control servers allegedly used to run widespread phishing, business email compromise, and other cyber scams.
Cyber-insurance carrier Coalition said business email compromise and funds transfer fraud accounted for 60% of claims in 2024.
An email campaign luring users with offers of free President Trump meme coins can lead to computer takeover via the ConnectWise RAT, in less than 2 minutes.
Chalk up another win for global cooperation among law enforcement, this time targeting seven types of cyber fraud, including voice phishing and business email compromise.
Though information such as dates of birth, email addresses, and home addresses were compromised, "the Beeb" assures individuals that financial information is still protected.
Cybercriminals are trafficking DocuSign assets that allow for easy extortion and business email compromise.
By examining common social engineering tactics and four of the most devious threat groups, organizations can better defend themselves.
Cybercriminals use legal search terms to ensnare unwitting victims, then launch ransomware or business email compromise attacks.
The cybercrime recruitment and mentoring hub conducted a variety of cybercrimes including business email compromise.
A recent email compromise by Chinese APT group Storm-0558 highlights a lack of access to security logging by many Microsoft 365 license holders, prompting calls from researchers to abolish it.
Email fraud is a confidence game that costs the economy billions. An effective defense takes technology and vigilance.