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No One Knows How Online Pharmacy Company was Hit with a Data Breach Impacting 2.3 Million Customers

This is a cautionary tale of both how your data can legally end up in the hands of an organization you never intended and how victims can be largely left in the dark post-breach. Normally when there’s a press release from an organization hit by a data breach, there are at least a few details that let customers know the company has a handle on what transpired, that the breach has been mitigated, and what customers impacted should do to protect themselves.

Users Fall for Smishing Attacks 6-10 Times More Than Email-Based Attacks

With organizations heavily focusing on protecting the corporate endpoint, cybercriminals are switching focus onto mobile devices where users are more prone to fall for their social engineering tactics. We consume so much content from people you don’t personally know that it’s not part of your everyday process to stop and be critical of what’s being presented to you. And that’s exactly what cybercriminals are taking advantage of.

Who Knew Neanderthals were so High-Tech?

Researchers at ESET describe various types of scams launched by users of Telekopye, a telegram bot that assists in crafting social engineering attacks. The scammers call their victims “mammoths,” so ESET has dubbed the scammers “Neanderthals.” The first type of scam is simply financial data theft via phishing sites.

My Top 7 Cybersecurity Reflections for 2024

The digital landscape is evolving at an exponential rate, and with it, the cybersecurity challenges we face. As we approach 2024, I've reflected on the insights gleaned from recent discussions I was privileged to partake in, such as the World Economic Forum's annual cybersecurity conference, ThreatCon and conversations with industry leaders, academics, and government representatives. Here are my top seven takeaways for 2024.

Huntress Finds Business Email Compromise (BEC) Increases In Q3, 2024

Huntress has released a report finding that business email compromise (BEC) attacks have risen in the third quarter of 2023. “64% of identity-focused incidents in Q3 2023 involved malicious forwarding or other malicious inbox rules, a key indicator of business email compromise (BEC),” the researchers write. “Another 24% of identity-focused incidents involved logins from unusual or suspicious locations.

Initial Access Broker Activity Doubles in One Year's Time

New data sheds light on just how active the Initial Access Broker (IAB) business is, and the growth uncovered doesn’t bode well for potential victim organizations. There’s plenty of fodder in tech news about the use of IABs and their role in cyber attacks. But rarely do we get to see a more comprehensive analysis of just how much growth in both the number of brokers and posts of credentials for sale.

Digital Skimming Increases by 50%, Just in Time for the Holiday Season

Security researchers identify growth in the use of an ongoing cyberskimming campaign that involves compromising legitimate website checkout code. We’ve all seen a video that shows someone fidgeting with a credit card terminal only to pull off a very realistic molded cover that looks identical to the actual device beneath it complete with its own circuitry to read and store credit card swipes. Now take that very same idea and put it into the digital world.

New Data Covers How the Retail Market is at Greater Risk of Industry-Specific Cyberthreats

A new analysis of the retail market’s threat landscape discusses the challenges faced by this industry and what threat tactics are being used to take advantage of retail’s cyber weaknesses. Not every report needs to have stats on the state of how bad things are. In fact, it’s quite refreshing for a report to simply state what kinds of attacks are transpiring and what the reader can do to mitigate such threats.

Phishing Attacks Expected to More Than Double During the Black Friday and Cyber Monday Shopping Week

Another day, another warning about holiday scams! Lookout Inc., a data-centric cloud security company, is warning employees and businesses that phishing attacks are expected to more than double this week, based on historical data. With more corporate data residing in the cloud and a massive amount of employees still working remotely, mobile has become the endpoint of choice for the modern workforce.