BEC attacks increase in most industries, invoice and payment fraud rise by 155%
A recent report published by Abnormal Security found that BEC attacks have increased across most industries, accompanied by drastic upticks in invoice and payment fraud attacks. Abnormal Security investigated BEC attacks across retail/consumer goods and manufacturing, technology, energy/infrastructure, services, medical, media, finance, and hospitality sectors. The security firm found that
Education Sector Facing Disproportionate Level of Spear-Phishing Attacks
A new study conducted by Barracuda Networks has found that educational institutions are disproportionately targeted by spear-phishing attacks when compared to their counterparts across other industries. The new Threat Spotlight analysis concludes that between June and September of 2020, over 1,000 educational facilities faced over 3.5 million spear-phishing attacks. Barracuda
Iranian hackers restart attacks on universities as the new school year begins
Security firm Malwarebytes released a report detailing an Iranian hacking campaign in which academic institutions have been targeted. The group, known as Silent Librarian, has historically gone after universities and school systems, however, has recently launched new campaigns with the same goal as previous years. The attacks coincide with the
Microsoft Zerologon Flaw Under Attack By Iranian Nation-State Actors
Microsoft has released a warning concerning the Mercury APT group and their active exploitation of the Zerologon vulnerability in campaigns occurring over the past two weeks. Mercury APT is an Iranian nation-state threat actor leveraging the critical flaw to attack organizations, who have also been referred to as MuddyWater, Static
4.83 million DDoS attacks took place in the first half of 2020, a 15% increase
Cybersecurity firm Netscout revealed in a recent report that DDoS attacks soared in the first half of 2020, with attackers honing in on healthcare, e-commerce, and educational services all linked to COVID-19. The DDoS attacks observed in the first half of 2020 exhibited threat actors deploying sophisticated, high-throughput attacks designed
Gamer Credentials Now a Booming, Juicy Target for Hackers
Credential theft targeting gaming platforms has been increasing rapidly over the past two years, according to a new report. Illicit markets sell account credentials on the dark web at an alarming rate, with buyers looking to find special weapons, unique tools, and other in-game benefits. According to researchers, the uptick
US charges five hackers part of Chinese state-sponsored group APT41
Yesterday, the US government filed charges against Chinese nationals with known connections to the notorious hacking group known as APT41. Five Chinese nationals will face charges relating to hacking more than 100 international companies on behalf of the Chinese government. The court documents unsealed yesterday state that the group has
More Cyberattacks in the First Half of 2020 Than in All of 2019
According to a recent study conducted by cybersecurity firm CrowdStrike, recent threat activity throughout its customers’ networks has shown more intrusion attempts within the first half of 2020 than in all of 2019. This may be due to the pandemic and subsequent lockdown measures forcing employees to mass shift to
Microsoft confirms Chinese, Iranian, and Russian cyber-attacks on Biden and Trump campaigns
Yesterday, Microsoft confirmed that Chinese, Iranian, and Russian hackers attempted to breach email accounts associated with both the Biden and Trump election campaigns, confirming former suspicions over foreign interference in the US 2020 presidential elections. According to Microsoft, the majority of the attacks were immediately detected and blocked by security
DDoS Attacks Cresting Amid Pandemic
The latest Kaspersky quarterly DDoS attacks report highlights a huge spike in denial-of-service attacks in the second quarter of 2020. As people continued to work from home amid the pandemic, DDoS attacks became even more popular and were up by 30% compared to the first quarter of 2020. When compared