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AI Does Not Scare Me, But It Will Make The Problem Of Social Engineering Much Worse

I am not scared of AI. What I mean is that I do not think AI is going to kill humanity Terminator-style. I think AI is going to be responsible for more cybercrime and more realistic phishing messages, but it is already pretty bad. Social engineering, without AI, is already involved in 70% - 90% of successful cyber attacks.

Russian Hackers Win Big: Microsoft's Senior Exec Team Emails Breached

In a Friday regulatory filing, Microsoft has reported that its corporate email accounts were compromised by a Russian state-sponsored hacking group known as Midnight Blizzard, also identified as Nobelium or APT29. Microsoft's disclosure aligns with new U.S. requirements for reporting cybersecurity incidents. The attack was detected on January 12th, 2024, but it appears to have started in November 2023.

Ninety-Four Percent of Organizations Sustained Phishing Attacks Last Year

A survey by Egress has found that 94% of organizations were hit by phishing attacks in 2023, Infosecurity Magazine reports. Additionally, 91% of firms experienced data loss and exfiltration. The three most common causes of data loss were reckless behavior, human error and malicious exfiltration.

'Swatting' Becomes the Latest Extortion Tactic in Ransomware Attacks

Rather than stick to traditional ransomware extortion methods that revolve around the attack itself, a new form of extortion known as Swatting puts the focus on the victim organization’s customers. A somewhat unexpected mode of extortion appears to be popping up in attacks targeting medical institutions. According to Dark Reading, cybercriminals are making repeat prank calls to police about individuals that are patients impacted by a data breach of a medical facility they are a customer of.

More Than Half of Data Breaches in the U.K.'s Legal Sector are Due to Insider Error

A new analysis of data breaches in the United Kingdom's legal sector shows that organizations need to be looking inward more and look for ways to elevate the security awareness of employees. There’s so much focus on external cybercriminal activity, we often forget about the actions of internal employees that often facilitate a data breach.

Scammers Target Owners of Missing Pets

Some particularly cold-hearted scammers are targeting users of lost pet forums with phony ransom demands, the BBC reports. “A BBC North West investigation found scammers have targeted scores of dog and cat lovers with threatening calls,” the BBC says. “They prey on owners by claiming to have their lost pets before demanding cash.

Malicious APKs Drain Bank Accounts

A phishing campaign is targeting Chinese users in an attempt to distribute malicious apps, according to researchers at Palo Alto Networks’s Unit 42. "The threat actor masquerades as a law enforcement official and says the target's phone number or bank account is suspected of being involved in financial fraud,” the researchers write. “They then guide the person to download an app that will allow the attacker to investigate their bank transactions.

Cryptocurrency Drainer Distributed Through Phishing

Mandiant has published a report on “CLINKSINK,” a cryptocurrency Drainer-as-a-Service (DaaS) that’s targeting users of the Solana currency. Mandiant’s own X (formerly Twitter) account was hacked earlier this month and used to distribute a link to the drainer. Threat actors using CLINKSINK have stolen at least $900,000 worth of cryptocurrency in recent weeks.

LinkedIn is Being Used for *Dating* - It's a Recipe for Disaster

A new article explains how business professionals are beginning to be not-so-professional and seeking to make personal connections. It’s only a matter of time before cybercriminals jump in. I came across a recent Business Insider article entitled, “The hottest new dating site: LinkedIn.” The title made me laugh… and then when I put my cybersecurity hat back on, the laughing stopped.

Three-Quarters of Organizations Have Experienced Phishing Attack in the Last 12 Months

Regardless of whether your environment remains on-premise, resides in the cloud, or is a hybrid configuration, new data makes it clear that your biggest risk is phishing attacks. According to Netwrix’s 2023 Hybrid Security Trends Report, released late last month, 73% of organizations have some form of hybrid environment, with slightly less than half of all workloads (44%) residing in the cloud.