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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, 7 months ago

Feds Levy First-Ever HIPAA Fine for a Phishing Breach

Incident That Affected 35,000 Urgent Care Clinic Patients Results in $480K FineWeeks after the Department of Health and Human Services announced its first HIPAA enforcement action in a ransomware breach, federal regulators have reached another milestone: a $480,000 settlement in a HIPAA case centered for the first time ever on a phishing attack.

Bank Info Security 2 years, 7 months ago

UK and US Accuse Russian FSB of 'Hack and Leak' Operation

Both Governments Sanction 2 'Star Blizzard' Hackers; US Indicts ThemThe U.K. government accused Russia's domestic intelligence agency of running a yearslong campaign to interfere in British politics. U.S. federal prosecutors unsealed a criminal indictment against two FSB agents, accursing them of phishing campaigns against national security government employees.

The UK National Cyber Security Centre (NCSC) and Microsoft warn that the Russian state-backed actor "Callisto Group" (aka "Seaborgium" or "Star Blizzard") is targeting organizations worldwide with spear-phishing campaigns used to steal account credentials and data. [...]

GRU-linked crew going after our code warns Microsoft - Outlook not good Fancy Bear, the Kremlin's cyber-spy crew, has been exploiting two previously patched bugs for large-scale phishing campaigns against high-value targets – like government, defense, and aerospace agencies in the US and Europe – since March, according to Microsoft. …