Ransomware attacks doubled in frequency during pandemic

Phishing may be the most common cybersecurity threat in the UK, but it could be only a matter of time before ransomware snatches the crown, a report from cybersecurity firm CybSafe suggests. Analyzing data provided by the Information Commissioner’s Office (ICO), CybSafe noted that phishing was to blame for most incidents so far this year, making up 40 percent of …

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Cybercriminals are launching attacks against enterprises over social media

Social media is an important channel of communication between enterprises and their customers, and cybercriminals are taking advantage. A new report, published by digital risk protection solutions provider PhishLabs, claims the number of attacks conducted via social media rose by 47 percent through the first half of the year. Based on an analysis of hundreds of thousands of phishing and …

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RDDoS attacks are on the rise

Ransom-based threats are evolving once again, with operators now throwing distributed denial of service (DDoS) into the mix. As reported by the Neustar International Security Council (NISC), more than two-fifths (44 percent) of organizations have been targeted by a ransom-related DDoS attack in the last twelve months. During the same period, fewer organizations suffered a “traditional” ransomware attack. A ransom-related DDoS …

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Phishing attacks hit a huge number of businesses last year

In the past year, almost three-quarters (73 percent) of businesses suffered a data breach as a result of a successful phishing campaign. The trend can be partly attributed to remote working, as businesses struggle to maintain visibility and protect their remote workers, a new report from Egress suggests. Based on a poll of 500 IT leaders and 3,000 employees in …

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Hit-and-run DDoS attacks causing havoc for businesses

Ransomware attacks may be grabbing the headlines, but there’s more for businesses to worry about. According to a new report from cybersecurity firm Radware, so-called hit-and-run distributed denial of service (DDoS) attacks are causing havoc for businesses left and right. Unlike traditional DDoS attacks, in which an attacker uses a botnet to send huge amounts of traffic to a server …

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Businesses suffer major financial damage as a result of supply chain attacks

Security breaches caused by the compromise of a software provider or other partner are causing businesses significant headaches, a new report from email security company GreatHorn suggests. Also known as supply chain attacks, these incidents have affected three quarters of organizations, the majority (79%) of which suffered financial losses as a direct result, to the tune of $6.1 million on …

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Cybercriminals launch targeted phishing attacks against Microsoft 365 users

Cybercriminals continue to abuse Microsoft branding to steal personal information, corporate data and account credentials, a new report suggests. According to email security company Vade, Microsoft is the cloud brand most frequently impersonated in phishing attacks. It’s also the company to feature in the greatest number of phishing emails since 2018. In total, more than 12,000 Microsoft-related phishing attacks were …

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What are the key challenges facing employees when it comes to phishing attacks?

Humans are often described as the weakest link in an organization’s security posture, and we frequently see ‘human error’ as a reason why an attacker has been able to breach an organization’s network. The human error that causes such attacks may be through phishing emails when cybercriminals send large numbers of targeted malicious messages to an employee which are disguised …

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Workers are still falling for obvious phishing attacks

Regardless of how obvious a phishing attempt may be, some employees will still happily click away, putting themselves and their organization at risk of data theft. This is according to a new report from cybersecurity firm KnowBe4, which claims phishing email attacks related to HR topics (for example, an email discussing new policies affecting everyone in a company) are still …

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Too many workers are still falling victim to phishing attacks

Organizations that don’t educate their employees on the dangers of phishing are putting themselves at risk, a report from security training platform KnowBe4 claims. The company recently tested employees to see how likely they were to fall for a phishing scam and found that that almost a third (31.4 percent) failed to identify such an attack.  Phishing is a type …

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