Adversaries have long used social engineering to trick their victims into providing access or information not available to the public. Social engineering continues to prove effective and will likely be a major factor in breaches throughout 2024. The CrowdStrike Incident Response team has dealt with an anomalously high number of successful breaches that originated with social engineering tactics, and we strongly urge security teams to take precautions against them.

The following paragraphs were cited directly from my recent article highlighting social engineering. "Social engineering and phishing are involved in 70% to 90% of all successful cybersecurity attacks. No other initial root hacking cause comes close. This is not a recent development. Social engineering has been the number one type of attack since the beginning of networked computers. Despite this long-time fact, most organizations do not spend 3% of their IT/IT Security budget to fight it.

Everyone has received a spam text or email at some point. Their hallmarks are widely known; they often include poor or strange grammar, suspicious links, suggested connections with companies or people, or random individuals asking for help in some capacity. Sometimes, these communications allow scammers and malicious actors to learn about their targets. These targets may be individuals, companies, vendors, software hosts, or any other entity with data worth a cent.

Social engineering and phishing are involved in 70% to 90% of all successful cybersecurity attacks. No other initial root hacking cause comes close. This is not a recent development. Social engineering has been the number one type of attack since the beginning of networked computers. Despite this long-time fact, most organizations do not spend 3% of their IT/IT Security budget to fight it.

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Top tips is a weekly column where we highlight what’s trending in the tech world and list ways to explore these trends. This week we’re looking at four ways you can protect yourself from increasingly advanced social engineering attacks.

In the ever-evolving landscape of cybersecurity, businesses and individuals find themselves in a relentless battle against the surge of cybercrime, which continues to escalate in complexity and frequency. Despite the significant investments in cutting-edge cybersecurity solutions, the financial toll of cybercrime persists, with costs escalating annually.

Check out this one line for a moment...“duped into attending a video call with what he thought were several other members of staff, but all of whom were in fact deepfake recreations.” In a worrying display of social engineering sophistication, a multinational company was defrauded of $25 million through an intricately planned deepfake scam.

Over the past year, the social engineering tactics used for cyber attacks have evolved significantly as attackers manipulate the inherent trust, biases, and vulnerabilities of individual human behavior to gain unauthorized access to sensitive information or systems.