With Election Day just around the corner, the Republican Party of Wisconsin revealed that $2.3M was recently stolen from election funds intended to support the re-election of President Trump. According to their statement, they are victims of a Business Email Compromise phishing attack that altered invoices to direct payments to accounts controlled by the threat actor. BEC attacks like this...

Widely-used URL tracking systems are often abused in phishing attacks. The domains used by these systems are commonly known and trusted, making them attractive carriers for phishing URLs. To illustrate how it works, this post breaks down a recently-observed phishing attack that uses Google Ads' tracking system to evade email filters. How it works Piggybacking on a domain is appealing to...

PhishLabs is monitoring a threat actor group that has set up fraudulent hosting companies with leased IP space from a legitimate reseller. They are using this infrastructure for bulletproof hosting services as well as to carry out their own phishing attacks. The group, which is based in Indonesia, has been dubbed Planetary Reef. Planetary Reef is most notable in how they host phishing...

There are many ways look-alike domains can be used by threat actors. While business email compromise (BEC) and phishing sites are often top-of-mind for defenders, there are dozens of other uses for look-alike domains. This variation, as well as diverse registrar requirements for removal, can make mitigating look-alike domains a complex, burdensome, and often ineffective process. In this...

Digital Risk Protection (DRP) continues to gain momentum and attention among CISOs and security professionals. DRP, an operational security function once classified under Threat Intelligence (TI), has been elevated by the Gartner Hype Cycle and other analyst research as an emerging security function that security teams rely on to address multiple external cyber threat use cases. Many...

The Anti-Phishing Working Group (APWG) has released its Phishing Activity Trends Report analyzing phishing attacks and identifying theft techniques reported by its members for Q2 of 2020. Key highlights of the report include a significant increase in wire transfer loss attributed to business email compromise (BEC) attacks and a 20% increase in BEC attacks targeting the social media sector. In...

Social media is rapidly growing as a preferred channel for threat actors targeting enterprises with malicious campaigns. Half of the global population uses social media, and a post containing sensitive data or impersonating a high-level executive can be shared instantly, for 3.8 billion people to see. There are many types of social media threats that bad actors use to harm their victims,...

Driven by expanding use cases, approachable intelligence, and the incorporation of premium services, demand for Digital Risk Protection Services (DRPS) has grown over the last 12 months and continues to increase. In Gartner's latest Emerging Technologies report, the author cites the broad range of use cases DRPS addresses as one reason for this growth, including: Brand protection (ex:...

Digital Risk Protection has emerged as a critical new capability for security teams. It protects critical digital assets and data from external threats across surface, dark, and deep web sources. In Gartner's latest Hype Cycle for Security Operations, the author writes “This technology accelerates the breadth and depth of protecting digital assets in an organization by significantly improving...

Threat actors are increasingly registering new domains to launch malicious campaigns against enterprises. Identifying suspicious domains, as well as monitoring existing ones for changes, is an overwhelming and reactive task for many organizations. In order to minimize the risk spoofed domains pose, security teams must be able to efficiently detect abuse and understand what is required to...

Since 2015, PhishLabs has and continues to track how threat actors abuse HTTPS or SSL certs. In particular, threat actors often use HTTPS on their phishing sites to add a layer of legitimacy, better mimic the target site in question, and reduce being flagged or blocked from some browsers. Last year, threat actors hit a significant milestone in this usage when more than 50% of phishing sites...

As job losses grow due to the coronavirus pandemic, cybercriminals are taking advantage of the situation to recruit individuals into money mule scams. Below are two examples that reference work-from-home opportunities. We are providing ongoing updates on coronavirus-themed attacks observed by the PhishLabs team. This post and others are meant to help the security community stay up-to-date...

By this time, most everyone in the world has heard about COVID-19, a global outbreak that is commonly referred to as the Coronavirus. With growing fear and a lack of information, the stock markets have dropped to lows we haven't seen in years, and organizations everywhere are putting together contingency plans. Like most global events, this scenario creates a perfect opportunity for threat...

PhishLabs' Email Incident Response analysts recently identified a phishing campaign leveraging novel tactics in the ongoing war between threat actors and security teams. In addition to presenting a unique twist on a popular lure theme, the campaign leverages a clever combination of tactics by attackers attempting to defeat email security technologies to great effectiveness. PhishLabs observed...

Ambassadors of security training programs often struggle with the most effective way to drive success. The ultimate purpose of these programs is to change employee behavior and create a more secure organization. Put simply, behavior is influenced by either reinforcement (i.e., encouraging employees to perform behaviors that we like) or punishment (i.e., discouraging employees from performing...

One way to verify if an email is legitimate is to look at the sender's address, the actual sender's address, not just the sender's name. One tactic cyber criminals employ is using the sender's name to trick the recipients. The cyber criminal may use a known acquaintance's name or the name of a legitimate company they are trying to spoof. This sounds sophisticated, but it is easy to catch when...

You have carefully selected a training program. Employees are completing the courses. And yet, they are not reporting suspicious emails and their passwords are made up of favorite sports teams and graduation dates. What is missing? Research shows that implementing training alone, as good as it may be, is not enough. We have learned that the transfer of new knowledge and behaviors on-the-job is...

In honor of National Cybersecurity Awareness Month (CSAM), Dane Boyd, PhishLabs' Security Training Manager, and I will share a series of posts covering topics from cybersecurity to organizational learning and development. We are kicking off the series by covering a topic near and dear to my heart: taking a programmatic approach to implementing a security training program. A fatal flaw...