Phishing has moved above simple fake email
Phishing has grown above and beyond email and into your online experience as a whole. This is an effort to collect personal details and share out the attack on social networks, according to a new report from Akamai Enterprise Threat Research.
In a world where millennials have grown up with a device in their hand, inherently trusting everything they interact with on the web, cybercriminals are meeting victims where they are online, using a new type of phishing attack that gets the user to give up personal details.
Users surfing the web are unexpectedly redirected to a “Congratulations” page with either a roulette-looking wheel or a 3-question quiz. It’s an attack designed to gather email addresses and personal information to be used ... Read More
CEO fraud nets $18.6 Million
A talented group of Fraudsters used phishing, social engineering, and CEO fraud to convince the India arm of Italian engineering company Tecnimont to part with millions of dollars.
We’ve all heard of phishing or whaling stories where someone is sent an email pretending to be the CEO of an organization, asking the recipient to perform an action that benefits the cybercriminal. The attack on Tecnimont takes these kinds of attacks to a new level and is something right out of a Mission: Impossible movie.
A series of conference calls
Chinese fraudsters sent Tecnimont’s head of India operations an email from an account that spoofed that of group CEO Pierroberto Folgiero. Rather than simply asking for money to be transferred, the cybercriminals instead arranged for not one, ... Read More
Phishing trends that persisted throughout 2018
In reviewing the Q4 2018 most clicked subject lines, Knowbe4 identified these trends. Five subject line categories appeared quarter-over-quarter throughout 2018, including:
Deliveries
Passwords
Company Policies
Vacation
IT Department (in-the-wild)
(You can compare past quarterly findings here.)
Additionally, three “in-the-wild subject lines” were clicked three out of four quarters and included Amazon, Wells Fargo and Microsoft as keywords.
Users are concerned about security
“Clicking an email is as much about human psychology as it is about accomplishing a task,” said Perry Carpenter, chief evangelist and strategy officer at KnowBe4. “The fact that we saw ‘password’ subject lines clicked four out of four quarters shows us that users are concerned about security. Likewise, users clicked on messages about company policies and deliveries each quarter showing a general curiosity about ... Read More
Social engineering creates $1.8 Million dispute
Dentons Canada LLP is locked in a $1.7 Millon dispute with its insurer after staff at the firm’s Vancouver office fell victim to an alleged social engineering attack.
Here is an extract from the article with a link to the full article below: "According to Ontario Superior Court Justice Carole Brown’s recent decision in Dentons Canada LLP v. Trisura Guarantee Insurance Company, an associate at the firm was duped into transferring $2.5 million intended to clear the mortgage on a client’s property into a fraudster’s Hong Kong bank account as part of an alleged “social engineering” fraud.
Transfer of funds not fraudulent
Although the law firm managed to recover around $800,000, it made a claim for its net loss under a computer fraud ... Read More
Triton got into a petrochemical plant
In the summer of 2017, a petrochemical plant in Saudi Arabia experienced a worrisome security incident that cybersecurity experts consider to be the first-ever cyber attack carried out with “a blatant, flat-out intent to hurt people.” The attack involved a highly sophisticated new malware strain called Triton, which was capable of remotely disabling safety systems inside the plant with potentially catastrophic consequences. It all started when someone launched a spear phishing attack and someone else clicked a link they should not have clicked.
Luckily, a flaw in the Triton code triggered a safety system that responded by shutting down the plant. If it hadn’t been for that flaw, the hackers could have released toxic hydrogen sulfide gas or caused explosions. As ... Read More
Phishing and File Sharing
Internet thieves have long used file sharing sites and services to host their malicious files. When they do this, they typically use the underlying service to generate download links that anyone can click without logging in to the hosting service.
Over the past month we started noticing apparently legitimate Dropbox emails pushing links to files with names suspiciously similar to those routinely used by the bad guys. When we clicked the links to check, however, we were greeted with a demand to log in to the service. That's typically been a sign that the files involved were legit.
Still, something wasn't right here. Given the file names presented, we reckoned there was little chance those files were innocuous. So, we decided to log in to ... Read More
Ransomware knocked most systems offline
Officials in Jackson County, Georgia, paid $400,000 to cyber-criminals this week to get rid of a ransomware infection and regain access to their IT systems. The County hired cyber-security consultant to negotiate ransom fee with hacker group. Jackson County officials have not yet confirmed how hackers breached their network.
The infection forced most of the local government's IT systems offline, with the exception of its website and 911 emergency system.
"Everything we have is down," Sheriff Janis Mangum told StateScoop in an interview. "We are doing our bookings the way we used to do it before computers. We're operating by paper in terms of reports and arrest bookings. We've continued to function. It's just more difficult."
Jackson County officials notified the FBI and hired a cyber-security consultant. ... Read More
Office Depot $300 scam - yes, it really happened
I'm sure you've heard something about the Office Depot $300 fraud. For a thorough explanation, see https://cybersafetynet.net/office-depot-faked-malware-scans-to-sell-unneeded-300-tech-services/. Basically, Office Depot's malware scan reported malware on computers that did not have malware. Office Depot then sold an unnecessary $300 service. Today I am writing about how that would look in other industries.
We have a high level of trust in those who provide professional services. We go to them when we sense a problem and need their training, judgement and professionalism to turn the problem into a solution. Let's see how this would play out in another industry.
Electrical
Your kitchen has a refrigerator, microwave oven and coffee maker. You discover that you can run two at the same time, but ... Read More
Is this the best Facebook phishing scam ever?
Scams seeking to harvest online credentials have long tried to replicate known logon pages. But this newly found instance is just about perfect.
In every scam that uses social engineering, the key is to be believable. If it looks right, feels right, has the timing right, etc., the victim is more likely to fall for it. This latest scam seeks to take advantage of a user’s desire to leverage single sign-on (SSO) via well-known websites. In this case, Facebook. Rather than creating (and remembering) countless passwords for an equivalently large number of websites, users will take advantage of identifying themselves via Facebook.
Under normal circumstances, a Facebook API is called which prompts the user to authenticate. But researchers at security vendor Myki have ... Read More
A phishing attack will strike you. It is not a question of IF, but a question of WHEN
With the massive rise in phishing attacks, 2019 is the year for organizations to realize the concept of becoming a victim is an issue of when and no longer if.
According to Malwarebyte’s 2019 State of Malware report, there is pretty much no industry that is unaffected by malware. And phishing attacks remain an effective means of tricking users. In Healthcare alone, nearly one-half of orgs citing a 1-10% click rate when interacting with mock-phishing emails to test user response, and another one-quarter of organizations seeing click rates of 11-30%.
These numbers clearly indicate that organizations simply aren’t prepared for phishing attacks.
What you can do
What’s needed is an anti-phishing plan in place that helps to ... Read More