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Gift Cards Requested in Two-Thirds of BEC Attacks, Report Reveals

A report revealed that scammers requested funds in the form of gift cards in two-thirds of business email compromise (BEC) attacks. For a phishing trends report from the Anti-Phishing Working Group (APWG), APWG member Agari examined thousands of BEC attacks that occurred in the second half of 2020. It found that 66% of them involved gift cards. By contrast, direct bank transfers factored in just 18% of attacks, followed close behind by payroll diversions at 16%.

Part Two: The Current State of Bot Attacks

We recently carried out a survey of 200 UK enterprises across e-Commerce, financial services, entertainment and travel. Amongst our objectives, we wanted to discover the state of bot attacks in the surveyed industries. We now know that many businesses use some sort of bot mitigation, and the few that don’t are in the process of doing so. In part 2 of our blog series, we find out which bot attacks represent the greatest risk to businesses.

3 Areas of Your IT Infrastructure that SCM Can Help to Secure

Gone are the days when security teams could focus all of their efforts on keeping attackers out of the network. There’s no inside or outside anymore. The modern network is porous; it allows greater numbers and types of devices to connect to it from all over the world. This characteristic might serve organizations’ evolving business needs as they pursue their respective digital transformations. But it complicates their security efforts.

How IT-OT Security Has Changed in the Wake of COVID-19

After the global outbreak of coronavirus 2019 (COVID-19), organizations quickly transitioned to remote work in order to enforce social distancing and to keep their employees safe. But this work-from-home arrangement opened up organizations to more risk as well as less redundancy and resilience.

5 tips to avoid cyberattacks on EdTech platforms

As the COVID-19 pandemic rages on, many educational institutions have been forced to shift their on-campus classes to online classes. Various EdTech platforms have also launched free classes that have prompted students to try their hands on digital education. With more students turning to online learning than ever, these platforms have emerged as a lucrative target for cybercriminals.

Bot Detection - Tips to secure your payment ecosystem from account takeover attacks

With an estimated 37.9% of all internet traffic attributed to bots, and bad bots accounting for more than 50% of that, retailers and financial organizations are struggling to defend against a constant barrage of account takeovers, credential stuffing, card cracking attacks and fake account creation.

The State of Civil Aviation Cybersecurity

Technology and cyber systems have become essential components of modern society. Despite the benefit of cyber technologies, insecurities arise. These could affect all systems and infrastructures. More than that, the threat of a cyberattack could very well have a transnational component and effect as worldwide systems become increasingly interconnected.

How Can Companies Protect Themselves Against Drive-By Cyber Attacks?

Drive-by download attack is one of the most popular methods employed by hackers nowadays. What is it? How can you protect your organization from it? Keep reading to learn! Malware attacks have been preserving their popularity amongst the hackers for a while. They are relatively easy to implement when targeting medium to small scale organizations, they can go unnoticed for a very long time and extract information from the target quietly.

Do you trust your cache? - Web Cache Poisoning explained

As we are all currently confined to a life at home during the pandemic, it has become more important than ever that our favorite web applications stay fast and reliable. Many modern web applications use web caches to keep up with these demands. While this works wonders from a performance perspective, it also opens up new attack vectors. One of these new attack vectors is called Web Cache Poisoning.

Attack surface analysis explained: The 7 deadly vectors for web application attacks

Modern web applications are complex, it is often made up of many layers where potential flaws could appear making it hard to secure. That’s why it’s important to understand the key attack vectors hackers use to spot entry points and map your attack surface during reconnaissance and work back from there to protect your web application footprint.