Vaccine scams As companies become more connected with the outside world, they also become increasingly susceptible to having their data used in the wrong way. to see a sneak peak of the November Phishing Report. Security Magazine wrote this week about the recent eye opening SlashNext State of Phishing report. Meanwhile, Verizon's 2021 Data Breach Investigations Report found that 25% of all data breaches involve phishing. Social media this year has emerged as one of the highest growing attack vectors, rising 47% in the first six months of 2021. In 2020, there was a 50% increase in attacks on corporate networks when compared to 2021, according to research from Check Point Research (CPR). Businesses should have a register of what emails are being sent internally and ensure that IT is alerted before any users set up an email alert of their own. Adversaries are incredibly adept at weaving insider information into phishing emails, baiting employees by pretending to be the CEO in text messages and asking to connect, according to Michael Maggio, Reciprocitys executive vice president of product. Businesses should understand what the legal and cyberinsurance ramifications would be if a disgruntled employee shared their two-factor authentication with a threat actor, Stoyanov said. In 2021, cyber criminals are also exploiting the COVID-19 pandemic. For example, among the businesses identifying any breaches or attacks, from 2017 to 2021 there has been: a rise in phishing attacks (from 72% to 83%) a fall in viruses or other malware (from 33% . That said, in 2021, a significant amount of data breaches occur as a result of people doing just that. Contact us now! Adversaries are increasingly approaching users and claiming to have malware or a trojan installed on the victims personal computer or mobile device that recorded them watching pornography, according to Maya Horowitz, Check Point Software Technologies vice president of research. According to CISCO 's 2021 Cybersecurity Threat Trends report, about 90% of data breaches occur due to phishing. New Phishing Methods for Attackers in 2021 2021 will be characterised by the new methods and modes of attacks that hackers are increasingly adopting both last year, and at the beginning of this one. Security Magazine wrote this week about the recent eye opening SlashNext State of Phishing report. In its 2021 Data Breach Investigations Report (DBIR), Verizon Enterprise found phishing to be one of the most prevalent action varieties for the data breaches it analyzed. On May 7, 2021, The Colonial Pipeline announced that their 5,500 thousand mile (8,850 km) fuel pipeline got shut down by hackers. Between the middle of 2020 and throughout 2021 there has been an unprecedented increase in the number of cyber-attacks faced by organisations globally. Though they come from all different angles, the top one, by far, is email. The 4Q findings suggest that people must be more diligent than ever when managing email messages, text messages, and phone calls that appear to be from legitimate sources on the surface. The ransomware was allegedly distributed via phishing. (Source: PC Mag) Leaked templates for automated internal email alerts are a valuable asset for adversaries looking to run phishing attacks against an organization since email alerts are treated with an implicit sense of trust by the recipient, said Greg Pollock, UpGuards vice president of product. What are the topics of these phishing messages? Many cybercriminal groups have opted to focus resources on deploying ransomware and extracting extortion payments from victims and outsource the actual sending of phishing emails to an initial access broker, according to Matt Radolec, head of Varonis Incident Response team. Adversaries know victim names and phone numbers from previous breaches and are able to match those data sets to take advantage of an unexpected attack vector, according to Boyer. The report uncovered a massive 440% increase in phishing attacks in May 2021, the most significant phishing spike in a single month ever recorded. Smishing is essentially " any kind of phishing that involves a text message ". So, the frequency of phishing attacks is on the rise, and you and your loved ones are at risk. A new report from Zscaler reveals that phishing attacks showed a dramatic 29% growth as a record of 873.9 million attacks were observed globally in 2021. 4% of these attacks impacted educational institutions. Here are the Top 8 Worst Phishing scams from November 2021: Download the FREE 1-Page Report to disperse to your end users. according to proofpoint's 2022 state of the phish report, t here was a significant increase in phishing attacks in 2021 compared to 2020. Businesses have increasingly embraced social media to get their brand in front of a broader set of prospects, but Maggio said all this digital marketing makes tons of insider information available to the outside world, including employee email addresses. Users living in Brazil made the most attempts to follow phishing links, with the Anti-Phishing protection triggered on devices belonging to 12.39% of users in this country. In fact, the pandemic fueled a significant uptick in e-commerce, which recorded a 16% growth last year. Employees are typically offered unfettered access inside the companys IT systems on their first day of work, meaning that outsiders can take advantage of that access. Whatever the case, it's currently the biggest threat a small business is likely to face when its employees are regularly on laptops or phones: Phishing remained the most dominant attack method across all online threats, the report concludes. According to the FBI, phishing was the most common type of cybercrime and over 200,000 incidents of phishing occurred in 2020 alone. By the end of 2021, ransomware is predicted to attack a business every 11 seconds. In reality, Biasini said the hackers resell the gift cards the employees purchased on the black market as well as legitimate marketplaces for a sizable amount of money. 2 min read, 13 Sep 2022 It has been announced that Dropbox, the popular file-sharing and collaboration platform, has suffered a data breach. Phishing is a type of social engineering where an attacker sends a fraudulent message designed to trick a human victim into revealing sensitive information. The majority of these attacks were in North America and Western Europe, tending to target companies with substantial revenue, more likely to pay the ransom. Please share this information with your end-users to empower them to do their part to fight against phishing attacks. Thirty-percent of phishing emails are opened. This new release makes it easier to manage licenses automatically! Pretending to be a customer or supplier of business is a lot easier that many people think it would be, Douglas said. This trust is amplified by the fact that oftentimes, a privileged admin is the only one in the organization who knows about this email. Its researchers specifically observed phishing in more than a third (36%) of breaches. Phishing attackers aren't just targeting the relatively small pool of NFT owners, either. Not every mobile device or security product protects against side door smishing attacks, but adversaries are always looking for the path of least resistance. The FBI reported an increase of more than 225% in total losses from ransomware in the U.S. in 2020. In this breach, a threat actor stole 130 private GitHub code repositories (or archives) via a phishing attack. Even though the hackers never actually had a trojan on the victims computer, theyll threaten to release incriminating videos unless theyre paid. Get more delivered to your inbox just like it. The Internet in 2021 already has a variety of anti-phishing tools. A phishing attack can take various forms, and while it often takes place over email, there are many different methods . And sadly, these attacks work. Cyber-attacks in 2021 hit an all-time high. When it comes to businesses, specific industries saw the most threats by far in Q4: Together, the Financial, Telecommunications, and Social Media Industries were responsible for nearly 98% of all phishing sites. Of these, the Financial industry alone saw the biggest chunk, with 61.2% of attacks targeting them. Be #BearAware about any message that requests personal information or makes some kind of brand-based offer that seems "too good to be true" - it likely is. We have mentioned regular phishing and spear-phishing; these are the most popular phishing attacks. Guessing how an email alert template looks without any inside information would be nearly impossible, Pollack said, but it isnt difficult to find commonly used email alert templates in repositories like GitHub. In 2022, they detected an 80% increase in threats from trusted services such as Microsoft, Amazon Web Services or Google, with nearly one-third (32%) of all threats now being hosted on trusted services. April 12, 2021 ; 9 minute read; Phishing is a type of cybercrime in which criminals pose as a trustworthy source online to lure victims into handing over personal information such as usernames, passwords, or credit card numbers. An adversary will use the lowest common denominator to trick their intended victim, and oftentimes, Douglas said a simple image is enough to fool an employee or executive into clicking on a phishing site. Better threat protection: Organizations have been improving their threat prevention capabilities, leading attackers to use more sophisticated . The group, founded in 2003, is comprised of over 2,200 member institutions and, according to its website, advises national governments; global governance bodies like the Commonwealth Parliamentary Association, the Organisation for Economic Co-operation and Development, the International Telecommunications Union; hemispheric and global trade groups; and multilateral treaty organizations such as European Commission, the G8 High Technology Crime Subgroup, the Council of Europes Convention on Cybercrime, the United Nations Office of Drugs and Crime, the Organization for Security and Cooperation in Europe, Europol EC3, and the Organization of American States. One new method being exploited by hackers is ' Smishing '. Fortune 100 companies and other organizations are often subject to impersonated marketing campaigns where the hacker mimics the brands marketing materials to get victims to click on a phishing email, he said. The first paragraph of the 2022 report claimed, "We could easily have repeated that heading to describe 2021.". Social media phishing threats are also way up, growing at an even faster pace. Perhaps the biggest thread underpinning several phishing attacks in 2020 was that they exposed a common weakness: Microsoft Defender for Office 365 (formerly known as Microsoft Advanced Threat Protection), which is the built-in protection that many organizations default to using. Google and Stanford University Study Reveals New Phishing Attack Findings This week, Google and Stanford University released a new study that looked at the 1.2 billion phishing emails aimed at Gmail users during a five-month period in 2020. Enterprise companies often have architecture and backups in place that allow them to resist ransom demands since adversaries are unable to hop from one network to the other and offline backups are maintained, according to Couch. 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