Category: Cyber Security

Microsoft Sees Phishing on the Rise

According to Microsoft security research, the percentage of inbound emails associated with phishing on average increased in the past year. For some, this may feel like obvious news, but given the scale of Microsoft and their visibility into global traffic, the security intelligence report makes for some interesting fact-based reading. Souce: Microsoft Security Intelligence Report According […]

What’s in it for the Social Engineers?

A necessary skill for any successful hacker is an understanding of how the human mind works, according to a post in IT Pro. Knowing how to manipulate technology is a major part of the job, but this knowledge can be complemented with social engineering to launch much more successful and efficient attacks. These talents can […]

Insurance Company On The Hook for 1.7 Million Dollars After Denying BEC Scam Claim

An article in the insurance Journal reports that the 11th Circuit Court in Atlanta agreed with a district court ruling that insurance company “Ironshore” is still on the hook for paying a claim to Principal Solutions Group arising from a BEC (Business Email Compromise) scam resulting in the loss of about $1.7 million dollars. Principle […]

Social Engineering via Elder Scrolls

Scammers are going after Elder Scrolls Online accounts by posing as the game’s developers and informing players that their accounts will be banned unless they hand over their credentials, BleepingComputer reports. The fraudsters convey their scam by PlayStation private messages, and that makes it difficult for the recipients to verify the legitimacy of the sender’s […]

New Ransomware Attack Reboots Systems into Safe Mode to Bypass Antivirus!

The latest strain of Snatch ransomware performs a devious task to ensure tools designed to protect against ransomware are nowhere to be found during encryption. This one is pure evil genius! The latest variant of Snatch has been identified by the researchers at Sophos. Infecting Windows 7 through 10 (in both 32-bit and 64-bit versions), […]

Global Utilities See Cyberattacks as Greater Threat to Operations than IT with Half Experiencing Outages

Global industrial organizations are seeing and feeling the effects of cyberattacks, recognizing the material impact potential upon operations. The latest report from Ponemon and Siemens, entitled Are Utilities Keeping Up with the Industrial Cyber Threat?, discusses the current operational readiness of global utilities. According to the report, over half (56%) of global utilities report at […]

Pervasive Ransomware Infection Cost German Software Company Pilz Tens Of Millions Of Euros

A pervasive ransomware infection cost the German automation company Pilz an estimated tens of millions of euros, says Jan Tournois, director of the Dutch department of the multinational. Pilz systems became infected with the BitPaymer ransomware in mid-October, which is used for targeted attacks. All server-based offices were affected by the attack. The black hats […]

Business Email Compromise Topples Over $26 Billion in Losses

This lucrative business of tricking companies into fraudulently transferring funds into cybercriminal-owned bank accounts is showing signs of growing. Scammers use many forms of attack to attempt to separate your organization from its’ money. BEC—aka CEO Fraud— is one of the easiest; using little more than really good social engineering in some cases, the bad […]

You Can’t Always Trust a Dot-Gov Domain

It may be easier than one thinks to register a dot-gov domain, according to KrebsOnSecurity. People have tended to regard urls with the top-level domain dot gov as generally reliable, but this may need to change. KrebsOnSecurity says it “received an email from a researcher who said he got a .gov domain simply by filling […]