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Phishing uses deceptive messages to steal credentials or deliver malware, while user verification, MFA, and email filtering reduce the risk.

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Phishing is deceptive communication—by email, text, phone, or a fake website—that impersonates a trusted person or service to make someone disclose credentials, approve a transaction, reveal sensitive information, or run harmful software. Attackers use it to bypass technical controls by persuading a legitimate user to perform an action, and may target employees, customers, administrators, or suppliers.

Its impact can include account takeover, unauthorized payments, exposure of personal or business data, and access to internal systems. The most effective control for stolen-password phishing is phishing-resistant multi-factor authentication, such as hardware-backed passkeys or security keys, which binds authentication to the legitimate site. Organizations should also filter and authenticate messaging where possible, use password managers, restrict risky actions, train users to verify unusual requests through a separate channel, and provide rapid reporting so suspected credentials or sessions can be revoked.

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Bank Info Security 2 years, 1 month ago

HHS Warns Health Sector of Business Email Compromise Scams

Agency Spells Out Measures to Avoid Falling Victim to Costly SchemesHealthcare organizations should take steps to avoid falling victim to evolving threats involving costly business email compromise scams and related phishing schemes fueled by social engineering, warned the Department of Health and Human Services' Health Sector Cybersecurity Coordination Center.

New Campaign Targets Over 1,500 Banks WorldwideDespite a law enforcement takedown in January, researchers identified new phishing campaigns spreading the Grandoreiro banking Trojan, indicating its return as a malware-as-a-service tool with better encryption and a better domain name generator, according to IBM X-Force researchers.