A time of chaos is a time for opportunity for unscrupulous individuals and groups, and COVID-19 is seemingly an unmissable boon for cyber crooks. We’ve already covered a variety of COVID-19-themed scams, phishing attempts, hoaxes and malware delivery campaigns, but new and inventive approaches are popping up daily. The latest schemes and scams that exploit…

The number of phishing attacks continued to rise into the autumn of 2019, according to APWG. The total number of phishing sites detected in July through September 2019 was 266,387. This was up 46 percent from the 182,465 seen in the second quarter of 2019, and almost double the 138,328 seen in Q4 2018. “This…

Phishing attacks continued to rise into the summer of 2019 with cybercrime gangs’ focus on branded webmail and SaaS providers remaining very keen, according to the APWG report. The report also documents how criminals are increasingly perpetrating business email compromise (BEC) attacks by using gift card cash-out schemes. The number of phishing attacks observed in…

How email fraud tactics continue to find new life

Almost as soon as email became widely used, crooks and scammers began using it as a means to defraud people. In today’s world, malicious fake emails continue to be a huge problem for individuals and businesses. Businesses make lucrative targets Losses due to BEC scams are escalating, and criminals are targeting organizations with emails that,…

Most impersonated brands in email attacks? Microsoft and Amazon

Nearly two-thirds of all advanced email attacks used emails impersonating Microsoft or Amazon, according to new research by Agari. Microsoft was impersonated in 36 percent of all (brand) display name impersonation attacks in the third quarter. Amazon was the second most commonly impersonated company, used in 27 percent of these attacks. Amazon and Microsoft run…

6.4 billion fake emails sent every day

The Valimail Q2 2018 Email Fraud Landscape shows that fake email continues to be a serious problem, with an estimated 6.4 billion fake emails sent every day. That total includes only exact-domain sender spoofing, in which senders put a fake email address in the From: field of their messages. This is one of the most…

BEC scammers actively targeting Fortune 500 companies

Nigerian scammers are targeting Fortune 500 companies, and have already stolen millions of dollars from some of them, IBM Security researchers have found. Their strategy is well known: they take over or impersonate a trusted user’s email account to target companies that conduct international wire transfers, and trick accounts payable personnel into wiring money into…