phishing attack | Breaking Cybersecurity News | The Hacker News

In a recent highly targeted BEC attack, hackers managed to trick three British private equity firms into wire-transferring a total of $1.3 million to the bank accounts fraudsters have access to — while the victimized executives thought they closed an investment deal with some startups. According to the cybersecurity firm Check Point, who shared its latest investigation with The Hacker News, nearly $700,000 of the total wire transferred amount has permanently lost to the attackers, with the rest of the amount recovered after researchers alerted the targeted firms in time. Dubbed ' The Florentine Banker ,' the sophisticated cybercrime gang behind this attack, "seems to have honed their techniques over multiple attacks, from at least several years of activity and has proven to be a resourceful adversary, quickly adapting new situations," the researchers said. 'The techniques they use, especially the lookalike domains technique, present a severe threat — not

As hospitals around the world are struggling to respond to the coronavirus crisis, cybercriminals—with no conscience and empathy—are continuously targeting healthcare organizations, research facilities, and other governmental organizations with ransomware and malicious information stealers. The new research, published by Palo Alto Networks and shared with The Hacker News, confirmed that "the threat actors who profit from cybercrime will go to any extent, including targeting organizations that are in the front lines and responding to the pandemic on a daily basis." While the security firm didn't name the latest victims, it said a Canadian government healthcare organization and a Canadian medical research university both suffered ransomware attacks, as criminal groups seek to exploit the crisis for financial gain. The attacks were detected between March 24 and March 26 and were initiated as part of the coronavirus-themed phishing campaigns that have become widespr

The introduction of Open AI's ChatGPT was a defining moment for the software industry, touching off a GenAI race with its November 2022 release. SaaS vendors are now rushing to upgrade tools with enhanced productivity capabilities that are driven by generative AI. Among a wide range of uses, GenAI tools make it easier for developers to build software, assist sales teams in mundane email writing, help marketers produce unique content at low cost, and enable teams and creatives to brainstorm new ideas.  Recent significant GenAI product launches include Microsoft 365 Copilot, GitHub Copilot, and Salesforce Einstein GPT. Notably, these GenAI tools from leading SaaS providers are paid enhancements, a clear sign that no SaaS provider will want to miss out on cashing in on the GenAI transformation. Google will soon launch its SGE "Search Generative Experience" platform for premium AI-generated summaries rather than a list of websites.  At this pace, it's just a matter of a short time befo

In our previous stories, you might have already read about various campaigns warning how threat actors are capitalizing on the ongoing coronavirus pandemic in an attempt to infect your computers and mobile devices with malware or scam you out of your money. Unfortunately, to some extent, it's working, and that's because the attack surface is changing and expanding rapidly as many organizations and business tasks are going digital without much preparation, exposing themselves to more potential threats. Most of the recent cyberattacks are primarily exploiting the fears around the COVID-19 outbreak—fueled by disinformation and fake news—to distribute malware via Google Play apps , malicious links and attachments, and execute ransomware attacks. Here, we took a look at some of the wide range of unseen threats rising in the digital space, powered by coronavirus-themed lures that cybercriminals are using for espionage and commercial gain. The latest development adds to a l

As people increasingly work from home and online communication platforms such as Zoom explode in popularity in the wake of coronavirus outbreak, cybercriminals are taking advantage of the spike in usage by registering new fake "Zoom" domains and malicious "Zoom" executable files in an attempt to trick people into downloading malware on their devices. According to a report published by Check Point and shared with The Hacker News, over 1,700 new "Zoom" domains have been registered since the onset of the pandemic, with 25 percent of the domains registered in the past seven days alone. "We see a sharp rise in the number of 'Zoom' domains being registered, especially in the last week," said Omer Dembinsky, Manager of Cyber Research at Check Point . "The recent, staggering increase means that hackers have taken notice of the work-from-home paradigm shift that COVID-19 has forced, and they see it as an opportunity to deceive, lure,

The Coronavirus is hitting hard on the world's economy, creating a high volume of uncertainty within organizations. Cybersecurity firm Cynet today revealed new data, showing that the Coronavirus now has a significant impact on information security and that the crisis is actively exploited by threat actors. In light of these insights, Cynet has also shared a few ways to best prepare for the Coronavirus derived threat landscape and provides a solution ( learn more here ) to protect employees that are working from home with their personal computers because of the Coronavirus. The researchers identify two main trends – attacks that aim to steal remote user credentials and weaponized email attacks: Remote User Credential Theft The direct impact of the Coronavirus is a comprehensive quarantine policy that compels multiple organizations to allow their workforce to work from home to maintain business continuity. This inevitably entails shifting a significant portion of the wor

As the world comes to grips with the coronavirus pandemic , the situation has proven to be a blessing in disguise for threat actors, who've taken advantage of the opportunity to target victims with scams or malware campaigns. Now, according to a new report published by Check Point Research today and shared with The Hacker News, hackers are exploiting the COVID-19 outbreak to spread their own infections, including registering malicious Coronavirus-related domains and selling discounted off-the-shelf malware in the dark web. "Special offers by different hackers promoting their 'goods' — usually malicious malware or exploit tools — are being sold over the darknet under special offers with 'COVID19' or 'coronavirus' as discount codes, targeting wannabe cyber-attackers," the cybersecurity firm said. COVID-19 Discounts: Exploit Tools for Sale The report comes following an uptick in the number of malicious coronavirus-related domains that hav

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

Imagine receiving an email from US VP Mike Pence's official email account asking for help because he has been stranded in the Philippines. Actually, you don't have to. This actually happened. Pence's email was hacked when he was still the governor of Indiana, and his account was used to attempt to defraud several people. How did this happen? Is it similar to how the DNC server was hacked? Email hacking is one of the most widespread cyber threats at present. It is estimated that around 8 out of 10 people who use the internet have received some form of phishing attack through their emails. Additionally, according to Avanan's 2019 Global Phish Report , 1 in 99 emails is a phishing attack. BitDam is aware of how critical emails are in modern communication. BitDam published a new study on the email threat detection weaknesses of the leading players in email security, and the findings command attention. The research team discovered how Microsoft's Office365

Great news for iOS users! You can now use your iPhone or iPad, running iOS 10 or later, as a physical security key for securely logging into your Google account as part of the Advanced Protection Program for two-factor authentication. Android users have had this feature on their smartphones since last year, but now Apple product owners can also use this advanced, phishing-resistant form of authentication as an alternative to a physical security key. Adding extra security later of two-step authentication is one of the more essential steps you can take to secure your online accounts, which makes it harder for attackers to log in to your account, especially when they steal your password. "According to a study we [Google] released last year, people who exclusively used security keys to sign into their accounts never fell victim to targeted phishing attacks," said Shuvo Chatterjee, Product Manager at Google's Advanced Protection Program. Google recently update

As part of its active efforts to protect billions of online users, Google identified and warned over 12,000 of its users who were targeted by a government-backed hacking attempt in the third quarter of this year. According to a report published by Google's Threat Analysis Group (TAG), more than 90 percent of the targeted users were hit with " credential phishing emails " that tried to trick victims into handing over access to their Google account. Google's TAG tracks over 270 government-backed hacking groups from over 50 countries that are involved in intelligence collection, stealing intellectual property, destructive cyber attacks, targeting dissidents, journalists, and activists, or spreading coordinated disinformation. The alerts were sent to targeted users between July and September 2019, which is consistent within a +/-10 percent range of the number of phishing email warnings sent in the same period of 2018 and 2017, the company said. These warnings u

Security researchers have tracked down activities of a new group of financially-motivated hackers that are targeting several businesses and organizations in Germany, Italy, and the United States in an attempt to infect them with backdoor, banking Trojan, or ransomware malware. Though the new malware campaigns are not customized for each organization, the threat actors appear to be more interested in businesses, IT services, manufacturing, and healthcare industries who possess critical data and can likely afford high ransom payouts. According to a report ProofPoint shared with The Hacker News, the newly discovered threat actors are sending out low-volume emails impersonating finance-related government entities with tax assessment and refund lured emails to targeted organizations. "Tax-themed Email Campaigns Target 2019 Filers, finance-related lures have been used seasonally with upticks in tax-related malware and phishing campaigns leading up to the annual tax filing deadlines in

Cases of document-based malware are steadily rising. 59 percent of all malicious files detected in the first quarter of 2019 were contained in documents. Due to how work is done in today's offices and workplaces, companies are among those commonly affected by file-based attacks. Since small to medium businesses (SMBs) usually lack the kind of security that protects their larger counterparts, they have a greater risk of being affected. Falling victim to file-based malware can cause enormous problems for SMBs. An attack can damage critical data stored in the organization's computers. Such loss can force a company to temporarily halt operations, resulting in financial losses. If a customer's private and financial information is compromised, the company may also face compliance inquiries and lawsuits. Their reputations could also take a hit, discouraging customers from doing business with them. But despite these risks, SMBs still invest very little in cybersecurity