While phishing, business email compromise (BEC), and ransomware still rank among the most popular cyberattack techniques, a mix of new-breed attacks is gaining steam, according to a new report from cybersecurity and compliance company Proofpoint. “While conventional phishing remains successful, many threat actors have shifted to newer techniques, such as telephone-oriented attack delivery (TOAD) and…

Fraudsters are getting more sophisticated about how they set up and make adjustments to brand impersonation scam sites — not just for phishing, but for all kinds of consumer fraud. A recent analysis by security researchers at Allure Security illustrates how brand impersonation sites are born, how they progress, and the evolutionary steps that fraudsters…

The Vice Society ransomware actors have switched to yet another custom ransomware payload in their recent attacks aimed at a variety of sectors. “This ransomware variant, dubbed ‘PolyVice,’ implements a robust encryption scheme, using NTRUEncrypt and ChaCha20-Poly1305 algorithms,” SentinelOne researcher Antonio Cocomazzi said in an analysis. Vice Society, which is tracked by Microsoft under the…

Phishing emails and social engineering scams were all it took for mobile phone store owner Argishti Khudaverdyan to breach the mobile provisioning systems of T-Mobile, AT&T, and Sprint to “unlock” phones from their network constraints — earning him more than $25 million in the process. Now Khudaverdyan has been convicted and sentenced to 10 years…

A research from Tessian, the State of Email Security Report, found that enterprise email is now the No. 1 threat vector for cyberattacks. According to the report, 94% of organizations experienced a spear phishing or impersonation attack, and 92% suffered ransomware attacks over email this year. Organizations send and receive thousands of emails per day,…

The world’s largest software maker is warning that China-based nation state threat actors are taking advantage of a one-year-old law to “stockpile” zero-days for use in sustained malware attacks. According to a new report released Friday by Microsoft, China’s government hacking groups have become “particularly proficient at discovering and developing zero-day exploits” after strict mandates…