Search results for phishing | Breaking Cybersecurity News | The Hacker News

Generative AI will enable anyone to launch sophisticated phishing attacks that only Next-generation MFA devices can stop The least surprising headline from 2023 is that ransomware again set new records for a number of incidents and the damage inflicted. We saw new headlines every week, which included a who's-who of big-name organizations. If MGM, Johnson Controls, Chlorox, Hanes Brands, Caesars Palace, and so many others cannot stop the attacks, how will anyone else? Phishing-driven ransomware is the cyber threat that looms larger and more dangerous than all others. CISA and Cisco report that 90% of data breaches are the result of phishing attacks and monetary losses that exceed $10 billion in total. A report from Splunk revealed that 96 percent of companies fell victim to at least one phishing attack in the last 12 months and 83 percent suffered two or more. Protect your organization from phishing and ransomware by learning about the benefits of Next-Generation MFA. Download th

No fewer than 1,220 Man-in-the-Middle (MitM) phishing websites have been discovered as targeting popular online services like Instagram, Google, PayPal, Apple, Twitter, and LinkedIn with the goal of hijacking users' credentials and carrying out further follow-on attacks. The findings come from a  new study  undertaken by a group of researchers from Stony Brook University and Palo Alto Networks, who have demonstrated a new fingerprinting technique that makes it possible to identify MitM phishing kits in the wild by leveraging their intrinsic network-level properties, effectively automating the discovery and analysis of phishing websites. Dubbed " PHOCA " — named after the Latin word for "seals" — the tool not only facilitates the discovery of previously unseen MitM phishing toolkits, but also can be used to detect and isolate malicious requests coming from such servers. Phishing toolkits aim to  automate and streamline  the work required by attackers to cond

The  ransomware industry surged in 2023  as it saw an alarming 55.5% increase in victims worldwide, reaching a staggering 5,070.  But 2024 is starting off showing a very different picture.  While the numbers skyrocketed in Q4 2023 with 1309 cases, in Q1 2024, the ransomware industry was down to 1,048 cases. This is a 22% decrease in ransomware attacks compared to Q4 2023. Figure 1: Victims per quarter There could be several reasons for this significant drop.  Reason 1: The Law Enforcement Intervention Firstly, law enforcement has upped the ante in 2024 with actions against both LockBit and ALPHV. The LockBit Arrests In February, an international operation named "Operation Cronos" culminated in the arrest of at least three associates of the infamous LockBit ransomware syndicate in Poland and Ukraine.  Law enforcement from multiple countries collaborated to take down LockBit's infrastructure. This included seizing their dark web domains and gaining access to their backend sys

Phishing attacks have become one of the business world's top cybersecurity concerns. These social engineering attacks have been rising over the years, with the most recent report from the Anti-Phishing Working Group coalition identifying over 266,000 active spoofed websites, which is nearly double the number detected during Q4 2018. Hackers have evolved their methods, from regular phishing attacks to spear phishing, where they use email messages disguised as coming from legitimate sources to dupe specific individuals. This is why the global spear phishing protection software market is estimated to reach $1.8 billion by 2025. However, conventional defenses can still fall short due to one particular weakness in the security perimeter – the human factor. Indeed, some 33 percent of 2019's data breaches involved humans falling victim to social engineering attacks. And given how sophisticated and creative the phishing perpetrators have been getting, it's easy to see h

Account credentials, a popular initial access vector, have become a valuable commodity in cybercrime. As a result, a single set of stolen credentials can put your organization's entire network at risk. According to the  2023 Verizon Data Breach Investigation Report , external parties were responsible for  83 percent  of breaches that occurred between November 2021 and October 2022.  Forty-nine percent  of those breaches involved stolen credentials. How are threat actors compromising credentials? Social engineering is one of the  top five cybersecurity threats  in 2023. Phishing, which accounts for %of social engineering attempts, is the go-to method for stealing credentials. It's a relatively cheap tactic that yields results. As phishing and social engineering techniques become more sophisticated and the tools become more readily available, credential theft should become a top security concern for all organizations if it already isn't one. Phishing has evolved With phishing and s

A previously undocumented "phishing empire" has been linked to cyber attacks aimed at compromising Microsoft 365 business email accounts over the past six years. "The threat actor created a hidden underground market, named W3LL Store, that served a closed community of at least 500 threat actors who could purchase a custom phishing kit called W3LL Panel, designed to bypass MFA, as well as 16 other fully customized tools for business email compromise (BEC) attacks," Group-IB  said  in a report shared with The Hacker News. The phishing infrastructure is estimated to have targeted more than 56,000 corporate Microsoft 365 accounts and compromised at least 8,000 of them, primarily in the U.S., the U.K., Australia, Germany, Canada, France, the Netherlands, Switzerland, and Italy between October 2022 and July 2023, netting its operators $500,000 in illicit profits. Some of the prominent sectors infiltrated using the phishing solution include manufacturing, IT, consultin

Microsoft on Tuesday disclosed that a large-scale phishing campaign targeted over 10,000 organizations since September 2021 by hijacking Office 365's authentication process even on accounts secured with multi-factor authentication (MFA). "The attackers then used the stolen credentials and session cookies to access affected users' mailboxes and perform follow-on business email compromise (BEC) campaigns against other targets," the company's cybersecurity teams  reported . The intrusions entailed setting up adversary-in-the-middle (AitM) phishing sites, wherein the attacker deploys a proxy server between a potential victim and the targeted website so that recipients of a phishing email are redirected to lookalike landing pages designed to capture credentials and MFA information. "The phishing page has two different Transport Layer Security (TLS) sessions — one with the target and another with the actual website the target wants to access," the company

Phishing attacks are steadily becoming more sophisticated, with cybercriminals investing in new ways of deceiving victims into revealing sensitive information or installing malicious software. One of the latest trends in phishing is the use of QR codes, CAPTCHAs, and steganography. See how they are carried out and learn to detect them. Quishing Quishing, a phishing technique resulting from the combination of "QR" and "phishing," has become a popular weapon for cybercriminals in 2023. By concealing malicious links within QR codes, attackers can evade traditional spam filters, which are primarily geared towards identifying text-based phishing attempts. The inability of many security tools to decipher the content of QR codes further makes this method a go-to choice for cybercriminals. An email containing a QR code with a malicious link Analyzing a QR code with an embedded malicious link in a safe environment is easy with  ANY.RUN : Simply open  this task  in th

Phishing works no matter how hard a company tries to protect its customers or employees. Security researchers have been warning of a new phishing attack that cybercriminals and email scammers are using in the wild to bypass the Advanced Threat Protection (ATP) mechanism implemented by widely used email services like Microsoft Office 365. Microsoft Office 365 is an all-in-solution for users that offers several different online services, including Exchange Online, SharePoint Online, Lync Online and other Office Web Apps, like Word, Excel, PowerPoint, Outlook and OneNote. On the top of these services, Microsoft also offers an artificial intelligence and machine learning powered security protection to help defend against potential phishing and other threats by going one level deep to scan the links in the email bodies to look for any blacklisted or suspicious domain. But as I said, phishers always find a way to bypass security protections in order to victimize users. Just over

A new, large-scale phishing campaign has been observed using adversary-in-the-middle (AitM) techniques to get around security protections and compromise enterprise email accounts. "It uses an adversary-in-the-middle (AitM) attack technique capable of bypassing multi-factor authentication," Zscaler researchers Sudeep Singh and Jagadeeswar Ramanukolanu  said  in a Tuesday report. "The campaign is specifically designed to reach end users in enterprises that use Microsoft's email services." Prominent targets include fintech, lending, insurance, energy, manufacturing, and federal credit union verticals located in the U.S., U.K., New Zealand, and Australia. This is not the first time such a phishing attack has come to light. Last month, Microsoft  disclosed  that over 10,000 organizations had been targeted since September 2021 by means of AitM techniques to breach accounts secured with multi-factor authentication (MFA). The ongoing campaign, effective June 2022,

Phishing incidents are on the rise. A report from IBM shows that phishing was the most popular attack vector in 2021, resulting in one in five employees falling victim to phishing hacking techniques. The Need for Security Awareness Training  Although technical solutions protect against phishing threats, no solution is 100% effective . Consequently, companies have no choice but to involve their employees in the fight against hackers. This is where security awareness training comes into play.  Security awareness training gives companies the confidence that their employees will execute the right response when they discover a phishing message in their inbox. As the saying goes, "knowledge is power," but the effectiveness of knowledge depends heavily on how it is delivered. When it comes to phishing attacks, simulations are among the most effective forms of training because the events in training simulations directly mimic how an employee would react in the event of an actu

DMARC  is a global standard for email authentication. It allows senders to verify that the email really comes from whom it claims to come from. This helps curb spam and phishing attacks, which are among the most prevalent cybercrimes of today. Gmail, Yahoo, and many other large email providers have implemented DMARC and praised its benefits in recent years. If your company's domain name is bankofamerica.com, you do not want a cyber attacker to be able to send emails under that domain. This puts your brand reputation at risk and could potentially spread financial malware. The DMARC standard prevents this by checking whether emails are sent from an expected IP address or domain. It specifies how domains can be contacted if there are authentication or migration issues and provides forensic information so senders can monitor email traffic and quarantine suspicious emails. What is a Phishing Attack? Phishing is an attempt by cybercriminals to trick victims into giving away sensitive

Microsoft has opened the lid on a large-scale phishing-as-a-service (PHaaS) operation that's involved in selling phishing kits and email templates as well as providing hosting and automated services at a low cost, thus enabling cyber actors to purchase phishing campaigns and deploy them with minimal efforts. "With over 100 available phishing templates that mimic known brands and services, the BulletProofLink operation is responsible for many of the phishing campaigns that impact enterprises today," Microsoft 365 Defender Threat Intelligence Team  said  in a Tuesday report. "BulletProofLink (also referred to as BulletProftLink or Anthrax by its operators in various websites, ads, and other promotional materials) is used by multiple attacker groups in either one-off or monthly subscription-based business models, creating a steady revenue stream for its operators." The tech giant said it uncovered the operation during its investigation of a credential phishing

A novel phishing kit has been observed impersonating the login pages of well-known cryptocurrency services as part of an attack cluster codenamed CryptoChameleon that's designed to primarily target mobile devices. "This kit enables attackers to build carbon copies of single sign-on (SSO) pages, then use a combination of email, SMS, and voice phishing to trick the target into sharing usernames, passwords, password reset URLs, and even photo IDs from hundreds of victims, mostly in the United States," Lookout  said  in a report. Targets of the phishing kit include employees of the Federal Communications Commission (FCC), Binance, Coinbase, and cryptocurrency users of various platforms like Binance, Coinbase, Gemini, Kraken, ShakePay, Caleb & Brown, and Trezor. More than 100 victims have been successfully phished to date. The phishing pages are designed such that the fake login screen is displayed only after the victim completes a CAPTCHA test using hCaptcha, thus preventing automa