Phishing attacks are gradually turning into a global menace. Surprisingly enough, artificial intelligence (AI) is playing a significant role in their proliferation. Threat actors have started leveraging AI to enhance their phishing tactics and effortlessly evade security setups.
For a lot of people, protection is something that happens retroactively. You only think about security after your home has been broken or your car has been stolen. Before that, these instances only seem to happen to other people.
Cybercriminals have always managed to give a hard time to the cybersecurity system by leveraging the latest technology. This time, they are using AI or Artificial Intelligence as their trump card. AI is posing a severe threat to cybersecurity setup as it is being exploited by phishing actors in their malicious activities. In fact, it won’t be wrong to say that artificial intelligence has opened up new avenues for these threat actors to obtain sensitive details in the most innovative ways ever.
You can’t prevent a threat you don’t understand, but how do you understand these cyber threats? The answer is simple: you gather as much data as possible from previous instances, analyze them, and use sophisticated analytical tools to turn this data into insights. Here’s how all of this works and how you can use it to improve your digital security.
Google announces many state-of-the-art security features, including AI-based ones, for Workspace users that can significantly help them combat phishing attacks and advanced cyber threats.
With the inception of generative AI tools, the cybersecurity landscape is witnessing an alarming trend. Threat actors are leveraging the power of AI chatbots for malicious purposes, further streamlining malware attack mechanisms.
A corporate traveler must evaluate how well-poised they are to ward off cyberattacks. Accordingly, they can adopt measures to ensure better security during their journeys.
A major security breach has recently hit the US Marshals Service, putting sensitive information at risk, according to senior law enforcement officials. Learn more about the details of the breach, how it happened, the data at risk, and the steps being taken to address it.
The US Marshals Service was hit by a major security breach this month, with hackers breaking into and stealing data from a computer system that contained personal information about investigative targets and agency employees, as confirmed by a spokesman for the service on Monday.
TELUS, the Canadian telecom giant, is investigating a potential data breach after a threat actor leaked what appears to be employee data and source code. TELUS has initiated an investigation in response to the breach to assess the scope of the incident and safeguard its customers and staff from any potential risks. Stay updated with the latest developments on this incident with this article as we share what happened, how it happened, and what TELUS is doing.
Advanced threat protection solutions, such as anti-phishing, anti-spoofing, and anti-malware tools, are vital for safeguarding organizations against email-based cyberattacks. This text will explore the benefits and considerations of implementing these solutions and provide practical guidance on leveraging them best to enhance email security.
In recent years, the proliferation of digital communication channels has transformed how organizations operate, making email an essential tool for everyday communication. While email has undoubtedly streamlined communication and improved efficiency, it has become a prime target for cybercriminals seeking to exploit vulnerabilities and gain unauthorized access to sensitive information.
In the latest cybersecurity breach news, web hosting giant GoDaddy has revealed that malicious actors have been stealing its source code for several years. This article shares a look at the multi-year data breach campaign and describes how you can protect yourself if you use a hosting service.
The recent security breach and phishing campaign that occurred at Namecheap, a domain registrar, serves as a stark reminder of the persistent and evolving threats posed by cybercriminals. In this post, we will delve into the details of the breach and the phishing campaign and offer some essential tips to help protect against phishing scams.
The web hosting company and domain registrar Namecheap recently suffered a security breach when its email account was hacked. This breach resulted in a phishing campaign that targeted the cryptocurrency wallet MetaMask and the logistics company DHL, intending to obtain personal and cryptocurrency wallet information from susceptible users.
Threat actors managed to infiltrate the popular social media platform Reddit and access internal documents, code, and some internal business systems, highlighting the need for individuals and organizations to take robust measures to safeguard their information. This text shares the details of the attack, what information was accessed, what Reddit is doing, and how to stay protected.
Threat actors made away $120,000 from an innocent victim by duping them with a sophisticated scam. This text shares the details of the cyberattack and shows how you can protect yourself.
As technology advances at a dizzying pace, so does the cunning of those seeking to exploit it for their nefarious purposes. One such example of this unfortunate reality can be seen in the recent surge of ‘Phishing-as-a-service‘ kits, which provide a turnkey solution for would-be thieves to engage in digital fraud and easily steal sensitive information. This malign development is fueling an alarming uptick in incidents of theft, with victims ranging from individuals to large corporations.
We’re all looking to be as secure as possible. This is as true with our homes as it is with our data, and although we take great lengths to secure our physical property, we can sometimes be a little too casual with our electronic property.
The latest online status symbol is getting verified on popular platforms like Instagram, Apple AppStore, or Twitter. Users trust verified accounts more; similarly, third-party OAuth app publishers get verified by Microsoft. However, researchers recently discovered the latest malicious third-party OAuth app campaign abusing Microsoft’s “verified publisher” status. Read on to learn more about the story.
Microsoft recently disabled many fraudulent, verifiedMPN (Microsoft Partner Network) accounts for designing malicious OAuth apps that breached business cloud environments to steal emails.
7 Commonly Overlooked But Crucial Security Threats That You Might be Ignoring as Well
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Most businesses will have the cyber security basics down, but there’s many overlooked cybersecurity threats that business leaders mightn’t even be aware of.
Cyber-crime is a lucrative business and is becoming more prevalent year-on-year, with estimates suggesting that cybersecurity breaches could cost the global economy over $10.5 trillion by 2025.
It’s safe to say that protecting your organization against cyber-crime should be a top priority. However, many businesses struggle to treat cyber security like the business-ending threat it can all too easily become.
Most businesses will enforce the use of some form of malware protection and the use of two-factor authentication, but there are several commonly overlooked – but crucial – cyber security threats that many business leaders aren’t using, or might not even be aware of.
1. Not acknowledging that you’re a potential target
If there’s one thing you take away from this article, it should be that any business – regardless of its size, industry or turnover – is a potential security target.
Startups and SMEs are often most susceptible to this line of thinking; they may feel like they’re less attractive to cyber criminals due to their small size or lower earnings, or they might lack the in-house resources and knowledge to be fully aware of their vulnerabilities.
However, it’s important to realize that cyber threats face organizations of all sizes and that immediate financial gain isn’t necessarily always the objective – information and sensitive data is just as valuable and both will be held by virtually all companies.
Acknowledging that your business is a potential target for a breach is the first and most important step to developing a robust cybersecurity plan and defense. Although cyber insurance is a great asset, prevention is always better than the cure!
2. Treating cybersecurity as an IT-only issue
Unfortunately there’s still a tendency from many business leaders to view cybersecurity as an issue that’s entirely the responsibility of their IT departments instead of seeing it as something which can, and does, affect every member of their organization.
Many cybersecurity breaches are caused by human error. With the average cost of a data breach estimated to be in the region of $4 million dollars, it’s something everyone should be taking seriously.
That, plus the fact that many people are now working either fully remotely or as part of a hybrid model, means that it’s more important than ever that each individual in a business is properly trained in basic cyber security best practices.
In essence, solid cyber security training is a risk mitigation exercise for your business, and the single most effective way to reliably protect your company or organization from breaches.
3. Not considering physical threats as well as digital ones
This one really is overlooked! It can be easy to think of cybersecurity as a digital issue only, but the greatest antivirus software or most robust cyber security threat modeling processes in the world won’t stop someone from breaking into your offices and making off with hard drives full of data.
Ensuring your data, devices and systems are all physically protected is just as important as what you do with them online. Where possible, entry to your offices should be controlled by a key or card entry system and windows and doors should remain locked outside of business hours.
More and more businesses are turning to cloud-based solutions for data storage, partly due to their ease of use, but keeping your data in the cloud is also a great way to mitigate against the risk of offline threats – no-one can physically steal your data if there’s no physical storage. At the same time, companies can benefit from cloud cost optimizations tools to make their storage more efficient and reduce unnecessary expenses.
Likewise, ensure that only authorized personnel are able to access your data and devices, and that any third-parties or visitors are accompanied by someone from your business at all times.
One frightening but not uncommon example of malicious parties gaining physical access to an organization’s systems or data is known as ‘tailgating’, where a person will wear a uniform or fake ID to make it look like they should be there and simply walk in through the office behind a group of employees.
Once there, they can take various actions, including the installation of keyloggers – malicious software which records the input of your computer’s keyboard as you type to steal logins, passwords and other sensitive information. Being aware of the physical threats, as well as the digital, will ensure you don’t put yourself at risk.
4. The rise in Bring Your Own Device working habits
Bring-your-own-device (BYOD) policies are growing increasingly common, whether it’s an official part of company policy or a more informal arrangement. With the rise of technology like hosted PBX phone systems and cloud storage, it’s easier than ever to access work on private devices. Unfortunately this is one of the riskiest potential sources of cybersecurity breaches.
It’s easy to see why: most company-owned computers and devices will have antiviruses, firewalls and other protective software installed, but a personal laptop or tablet brought from home may not. Malicious software unwittingly downloaded onto an employee’s USB pen drive and then entered into a networked PC could very quickly spread throughout an entire organization without care.
Therefore it’s vital to have robust and clear policies in place along with regular training for employees on the risks of BYOD to work. A few simple steps to better protect your business such as the use of two-factor authentication and strong passwords can go a long way towards preventing issues.
5. Failing to keep your software regularly updated
Perhaps the single most overlooked threat to your organization’s security is the failure to ensure that your systems and software platforms are kept up to date with the latest version.
Exploiting weaknesses in outdated software and programs is one of the most common methods that cyber criminals use to gain access to systems, and addressing security risks is one of the primary reasons that software companies are constantly upgrading and improving their products.
By not keeping your software updated, you’re unnecessarily exposing yourself and your business to risk. Luckily it’s a fairly easy fix, as most security patches can be set to install automatically. However, it’s always worthwhile reviewing this regularly as a matter of data security best practice to make sure everything is as up-to-date as it can be.
6. Lack of training for your employees
Even if you have the most watertight cybersecurity plan possible, up-to-date software and all the cybersecurity tools your budget can afford, the weak link in your business’ digital armor will always be human error.
Phishing attacks, which account for up to 90% of all the cybersecurity breaches, can be an easy trap to fall into if you don’t know what to look out for. Other pitfalls like reusing old passwords or sharing the same password across multiple accounts are likewise all too common.
Fortunately regular, structured employee training on the risks of cybersecurity breaches and what they can do to prevent them is the single most efficient and cost-effective way to protect your business.
7. Not keeping a backup of your data
Always have a backup! Regardless of the industry, all businesses will make use of large amounts of important data and information, from customer data to payroll, call log records, stock inventory and more.
It’s important to view regular data backups as a critical part of any cybersecurity plan, so if anything goes wrong or your data becomes corrupted or inaccessible you have a recent failsafe that you can revert to. Many companies now store much of their information in cloud-based services, which do somewhat help with these risks but aren’t infallible.
Not only will a backup provide a safety net in the event your business is targeted, but they can also help to mitigate against ransomware attacks where a malicious party will attempt to hold your data and information hostage. With a solid, recent backup it removes their leverage and allows you to resume your business relatively uninterrupted.
Key Takeaways
In 2023, a solid cybersecurity plan is a necessity for all businesses regardless of their size or industry. Without one, you leave your organization vulnerable to malicious attacks that can result in substantial losses whether that be financial loss, the theft of sensitive information or the disruption of your trading.
But while most companies will have the basics down there are many overlooked threats that organizations typically fail to address, and cyber-criminals will always seek to exploit any possible blind spots or gaps in a business’ armor.
The good news is that greater awareness, a little preparation and a little action will go a long way towards securing your business, your assets and your employees against cyber-attacks and further help protect your enterprise against potential cybersecurity threats.
Jenna Bunnell is the Senior Manager for Content Marketing at Dialpad, an AI-incorporated cloud-hosted unified communications system that provides valuable call details for business owners and sales representatives with features like Dialpad call forwarding. She is driven and passionate about communicating a brand’s design sensibility and visualizing how content can be presented in creative and comprehensive ways. Check out her LinkedIn profile.
Threat actors have switched to a new type of file for their malicious purposes, this time in the form of Microsoft OneNote attachments in emails to deploy information-stealing malware. Join us as we provide an in-depth view into the new attack campaign and how to protect against it.
The growing cybercriminal wave and headlines of novel attack campaigns have a new addition, this time in the form of OneNote attachments. Threat actors have evolved their phishing campaigns and are using OneNote attachments that infect the victim systems with malware to gain remote access to gain access for malicious purposes.
Nearly 35,000 PayPal customers were the victim of a credential stuffing attack where threat actors got access to their personal and financial information. This text shares details about the attack, what actually happened, how PayPal handled the case, what the organization is doing for the affected customers, and how you can protect your PayPal accounts and data.
The BitRAT malware was used to target the Columbian Cooperative Bank, where the threat actors made away with records of over 400,000 individuals. The threat actors are using the information from these records for a massive spear phishing campaign. This text sheds light on the event, shares what BitRAT is, the BitRAT Columbian Cooperative Bank breach, an analysis of the latest BitRAT sample, why BitRAT is a grave threat, and shares how organizations can protect against BitRAT malware.
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