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New Spear Phishing Campaign Impersonates VCs and PE Firms

In the past 48 hours, PhishLabs has identified and successfully thwarted a sophisticated phishing campaign targeting the Office 365 credentials of high-value targets. This campaign is still active, and security teams should familiarize themselves with the tactics, indicators, and remain vigilant. In these attacks, the threat actor(s) is posing as private equity firms submitting non-disclosure...
Blog

APWG: Phishing Continues to Rise, Threat Actors Love Gift Cards

This week APWG released its findings from Q2 of this year that compiles insights from their member companies and provides an analysis of how phishing is changing. This quarter's report shows that phishing attacks continue to increase, both SaaS and email service providers are prime targets, BEC attacks are focused on getting gift cards, and more than half of phishing sites continue to abuse...
Blog

Romanian Cybercriminals Sentenced for Phishing Campaign

This week, the Department of Justice for the U.S. Attorney's Office for the Northern District of Georgia announced the final of three sentences to be carried out by cybercriminals that plead guilty to carrying out phishing campaigns involving vishing and SMiShing. I'm proud to say that the apprehension and conviction of these criminals was supported in part by intelligence PhishLabs provided in...
Blog

The Definition of Phishing

Defining phishing is simple, right? Not exactly. With more than 18,400,000 results appearing on Google when trying to find the definition there is a lot for you to choose from. Even Wikipedia has its own version, which may be more accurate, but still misses a few key elements. As a company, PhishLabs has seen the scope of how phishing is changing since first being named, which is why it's time...
Blog

Beyond the Top 5 Industries Most Impacted by Social Engineering

In this year's annual Phishing Trends and Intelligence report we identified phishing sites targeting more than 1,200 different brands belonging to 773 parent institutions. Of the top five targeted industries, they accounted for 83.9% of total phishing volume. There are two big takeaways from this finding: financial institutions are back on top, and each industry is still at risk. Through our...
Blog

Phishing Volume Continues to Rise

Back in the olden days of the internet, when AOL's dial-up connection still made horrible sounds prior to getting you access to your inbox, phishing attacks were born. Somewhere in the mid-1990s, internet-based social engineering attacks were born and designed to capture credentials on AOL by way of a program called AOHell, and expanded on to stealing credit card numbers or other private...
Press Release

Over 80% of All Phishing Attacks Targeted U.S. Organizations

Originally published in BLEEPINGCOMPUTER Excerpt: "U.S. entities remained the most attractive targets of phishing attacks throughout 2018, with an estimated 84% of the total volume of millions of incidents analyzed during the last year by threat intelligence company PhishLabs." Read the full article here. ...
Blog

2019 Phishing Trends Intelligence Report: The Growing Social Engineering Threat

Phishing has and will continue to be a threat to anyone connected to the web. This is a fact set in stone, and regardless of advancements in technology, social engineering will allow these attacks to continue to be successful. Today, we are releasing our latest version of the annual Phishing Trends and Intelligence report. Using data collected from millions of social engineering attacks...
Press Release

PhishLabs Releases 2019 Phishing Trends and Intelligence Report, Highlighting The Growing Social Engineering Threat

Overall phishing attack volume grew 40.9% in 2018 Charleston, S.C., April 16, 2019 – PhishLabs, the leading provider of cybersecurity solutions that protect against social engineering, today released its 2019 Phishing Trends and Intelligence Report. Using data collected from millions of social engineering attacks spanning email, web, social media, SMS, and mobile channels, the report highlights...
Blog

BankBot Anubis Switches to Chinese and Adds Telegram for C2

We've recently noticed two significant changes in C2 tactics used by the threat actors behind BankBot Anubis, a mobile banking trojan. First is the use of Chinese characters to encode the C2 strings (in addition to base64 encoding). The second is the use of Telegram Messenger in addition to Twitter for communicating C2 URLs. Previously reported by PhishLabs, the criminals behind BankBot...
Blog

49 Percent of Phishing Sites Now Use HTTPS

Since 2015 there has been a steady increase in threat actors' use of SSL certificates to add an air of legitimacy to malicious websites. By the end of 2017 almost a third of phishing sites had SSL certificates, meaning their URLs began with HTTPS:// and (most) browsers displayed the all-important padlock symbol. In recent months, however, our team has observed an even more dramatic increase...
Press Release

Phishing sites trick users with fake HTTPS padlock

Half of all phishing sites now have padlocks, but are anything but secure Originally published in TechRadar Excerpt: "The padlock icon next to a web address used to let users know that a site is legitimate and secure but now new research from PhishLabs suggests that this is no longer the case as have of all phishing scams are now hosted on websites that have the padlock and begin with HTTPS."...
Blog

The Light in the Dark: Myths and Truths about the Dark Web

There are many misconceptions about the dark web and what goes on in the digital underground. Though the dark web is usually associated with criminal activities including drug dealing, human trafficking, selling counterfeit consumer goods and many other malicious acts, not everything in the dark web is completely dark. Many questions are frequently asked about the dark web and to further...
Blog

Understanding Why Spear Phish Are Highly Effective

In the Oscar-winning movie The Sting, Harry Gondorff (played by Paul Newman) explains to his apprentice Johnny Hooker (Robert Redford) that the con that they set up must be so convincing that their mark, Doyle Lonnegan (Robert Shaw) won't even realize that he's been taken. Today, Gondorff and Hooker might not have needed to use a past-posting scheme to con Lonnegan. Instead they might have...
Blog

Silent Librarian University Attacks Continue Unabated in Days Following Indictment

On Friday, March 23, nine Iranian threat actors were indicted for stealing massive quantities of data from universities, businesses, and governments all over the world. If you've been following our blog (or the news), you already know the actors are associated with an organization called the Mabna Institute, and are responsible for stealing more than 31 terabytes of data over the past four and...
Blog

New Variant of BankBot Banking Trojan Ups Ante, Cashes Out on Android Users

A newly observed variant of BankBot has been discovered masquerading as Adobe Flash Player, Avito, and an HD Video Player. This variant, now detected by PhishLabs as BankBot Anubis, was first identified on March 5, 2018. BankBot Anubis takes mobile threats to the next level incorporating ransomware, keylogger abilities, remote access trojan functions, SMS interception, call forwarding, and...
Blog

The 11 Types of Reported Emails

You receive an email, you are unfamiliar with the sender's name or email address, and they are offering you a new service or deal on something. Is it malicious? Not necessarily. Perhaps you forgot about signing up for a newsletter a while back. Malicious Versus Benign According to Symantec, 55.5 percent of business emails are considered spam emails, with the average business account getting...
Blog

Adwind Remote Access Trojan Still Going Strong

A Java-based Adwind Remote Access Trojan campaign has been observed sending spam emails containing a malicious JAR file under the guise of “Request For Quotation,” “Transfer Import,” “Swift Copy,” “Proforma Invoice,” “DHL Delivery Notification” and many others. Adwind, also known as jRAT and JSocket, is a cross-platform remote access tool designed to run on Mac OS, Windows, Linux, and Android...
Blog

Nigerian 419 Scams: How to Spot a Phish

All through October, in aid of National Cyber Security Awareness Month (#CyberAware) we’re putting phishing under the microscope. In each post we’ll take a close look at one specific type of phishing, including the actors responsible, who it targets, and how/why it works. Today, we’re a true phishing classic: Nigerian 419 scams. We've put the 15 best practices for spotting and handling...
Blog

BEC Scams: How to Spot a Phish

All through October, in aid of National Cyber Security Awareness Month (#CyberAware) we’re putting phishing under the microscope. In each post we’ll take a close look at one specific type of phishing, including the actors responsible, who it targets, and how/why it works. Today, we’re exploring one of the most audacious phishing tactics: Business email compromise (BEC) also known as CEO scams....