Identity Attacks Overtake Exploits as Top Ransomware Cause
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.
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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.
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.
The emerging threat group is the latest to adopt the combo attack tactic, which Black Basta and other groups already are using to gain initial access for ransomware deployment.
Ransomware attacks and email-based fraud account for 80% to 90% of all claims processed by cyber insurers, but a handful of cybersecurity technologies can help prevent big damages.
Cybercriminals use legal search terms to ensnare unwitting victims, then launch ransomware or business email compromise attacks.
Attackers compromised the personal email of a new employee and, when the initial attack failed, attempted through socially engineered messages to get the company to pay them off.
The hosting services provider shared new details on the breach that took down its Hosted Exchange Email service.
More than 10 days after a ransomware attack, affected Rackspace customers are being told the incident had a "limited impact," and have been invited to a webinar for additional details.
A ransomware attack on the company's Hosted Exchange environment disrupted email for thousands of mostly small and midsize businesses.
While ransomware seems stalled, business email compromise (BEC) attacks continue to make profits from the ProxyShell and Log4j vulnerabilities, nearly doubling in the latest quarter.
Crackdowns are driving down ransomware profits, and analysts see signs that operators are pivoting to business email compromise attacks, security researcher warned.
For the first time in a year, security incidents involving email compromises surpassed ransomware incidents, a new analysis shows.
The sophisticated Bumblebee downloader is being used in ongoing email-borne attacks that could lead to ransomware infections.