SharePoint Phishing Scam Targets 1600 Across US, Europe
Cyber-criminals used the scam to steal the credentials for various email accounts
Scams use deception to steal money, credentials, or sensitive data, making them a cybersecurity risk for individuals and organizations.
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Background for this topic.
Scams are deceptive schemes intended to make people surrender money, credentials, sensitive information, or access. In information security, they commonly use phishing messages, impersonation, fraudulent websites, business-email compromise, fake technical support, or malicious attachments. Their defining feature is manipulation: the attacker creates a credible pretext and pressures the target to act before verifying the request.
Security teams should treat scams as an attack surface spanning email, messaging, telephone calls, social media, and payment workflows. Material risks include account takeover through stolen credentials, unauthorized payments, disclosure of personal or company data, and malware execution from deceptive content. Useful controls include phishing-resistant authentication, secure payment-change procedures with independent verification, filtering and domain protections, user training focused on reporting, and rapid review of suspicious messages or transactions. Incident handling may require revoking sessions, resetting credentials, contacting financial institutions, preserving evidence, and notifying affected parties where applicable.
Cyber-criminals used the scam to steal the credentials for various email accounts
Protection from business email compromise Webinar In the distant past, a master forger with a quill could fake a signature on the end of a letter but at least then you had time to consider the potential for fraud before any damage could be done. In the digital age of email, it's increasingly hard to spot a scam's threat to your security and react in time.…
The scam targeted more than 40 well-known brands from 13 countries in the MEA region
Juniper Research says most of the pain will be felt in the US