Hackers are becoming far more proficient at compromising business email accounts

Cybercriminals are getting better at Business Email Compromise (BEC), a new report from Barracuda suggests. According to the report, while BEC made up just seven percent of all spear-phishing attacks in 2019, it now takes up 12 percent, which is a significant jump. In terms of the overall threat landscape, email fraud is the most popular practice, with 36 percent …

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Hackers are leaning more heavily on cloud resources

Underground cloud services may seem like an oxymoron, but they are quite real, and criminals are using them to speed up attacks and leave very little room for compromised businesses to react. This is according to a new report from cybersecurity firm Trend Micro, which found terabytes of internal business data and logins – including for Google, Amazon and PayPal …

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