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Phishing Campaign Exploits Remote Desktop Software

A phishing campaign is attempting to trick users into downloading remote monitoring and management (RMM) software like AnyDesk, Atera, and Splashtop, according to researchers at Malwarebytes. While these tools are legitimate, they can be exploited by threat actors to carry out many of the same functions as malware. These tools may also be less likely to be flagged as malicious by antivirus software.

Over Half of Malware Downloads Originate from SaaS Apps

As the popularity of SaaS apps continues to grow, security analysts expect the misuse of such apps as the host for malware downloads to continue to rise through 2024. I’ve provided plenty of examples on this blog of threat actors using cloud-based SaaS applications to host impersonated websites and malicious downloads. The credibility of such sites aids the cybercriminal, as traffic to and from reputable sites have a tendency to get past security solutions.

Iran-Aligned Threat Actor "CharmingCypress" Launches Spear Phishing Attacks

Researchers at Volexity warn that the suspected Iranian threat actor CharmingCypress (also known as “Charming Kitten” or “APT42”) has been launching spear phishing attacks against Middle Eastern policy experts. “Throughout 2023, Volexity observed a wide range of spear-phishing activity conducted by CharmingCypress,” the researchers write.

AI in Cyberspace: A Double-Edged Sword

The UK's National Cyber Security Centre (NCSC), recently shared its findings on how AI might reshape the cyber landscape. In two separate posts, the NCSC is warning that the global ransomware threat is expected to rise with AI. It appears that while AI beckons with one hand, it wields a knife in the other. On one side, we have AI's potential to supercharge economic growth, scientific breakthroughs, and societal benefits. On the flip side lurks the specter of security risks posed by AI's misuse.

Another Ransomware-as-a-Service Known as "Wing" Takes Flight on the Dark Web

Analysis of this newly-spotted service makes it clear that the newest entrant into the Ransomware-as-a-Service (RaaS) space has taken note of where predecessors are lacking and launched a better product. Given the financial and operational disruption ransomware has caused since last year, any headline about a new RaaS will surely lead to anxiety and grimace for IT and security professionals.

Security Teams Spend 71 Hours Responding to Every One Hour in a Cyber Attack

New data sheds light on what kinds of cyber attacks are targeting your cybersecurity team, what it’s costing them, why it’s taking so much time to fix, and where you should focus resources. Barracuda’s Cybernomics 101 report provides a lot of insight into the current economics of cyber attacks. According to the report: The average largest ransom any organization paid is $1.38 million, with an average cost of $5.34 million to respond to compromises!

Americans Lose a Record $10 Billion to Fraud in 2023; Mostly Due To Investment Scams

The US Federal Trade Commission (FTC) has disclosed that people in the United States lost a record $10 billion to fraud in 2023, a 14% increase from 2022. Nearly half of the losses were due to investment scams. “Consumers reported losing more money to investment scams—more than $4.6 billion—than any other category in 2023. That amount represents a 21% increase over 2022,” the FTC says.

Browser-Based Phishing Attacks Increase 198%, With Evasive Attacks Increasing 206%

A new report shows massive increases in browser attacks in the second half of 2023, with over 31,000 threats specifically designed to bypass security solution detection. I spend a lot of time on this blog talking about phishing, social engineering, smishing, deepfakes and more – all topics centered around attack techniques designed to interact and fool a user.

81% of Organizations Cite Phishing as the Top Security Risk

Organizations are finally dialing in on where they need to focus their cybersecurity strategies, starting with phishing. But the top four cited security risks all have one element in common. Organizations today realize that maintaining operational resilience is a matter of measuring and addressing risk. According to the 2024 Fortra State of Cybersecurity Survey Results Guide there is a distinct cybersecurity risk that stands out among its peers.