Threat actors are using social media to engage in money-flipping scams abusing the novel coronavirus. The two examples below demonstrate how they are doing it. 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 on how threat actors are exploiting the pandemic. The...

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...

In the past few weeks, our team highlighted how social media is abused by threat actors seeking to steal credentials and to administer phishing attacks. While these are both two of the most prominent cybersecurity threats distributed through social media, there are some other tactics in play, too. Join us on February 6 to discuss the latest social media-based financial scams. This week we're...

Today's marketing organization uses countless SaaS-based tools and platforms that live outside of an organization's network. As their digital footprint grows, so does their potential for digital risks targeting their enterprise, brands, and customers. Even if they don't join the latest social media platform, in most cases there are not proper online brand protections in place to ensure...

Social media is undoubtedly a huge asset to modern organizations. It helps them spread their message, promote their products and services, and communicate directly with customers, and users. Along with those benefits, social media also presents a unique threat. Never before has it been so easy for threat actors to abuse the trust built up by an organization, damage its reputation, profit...

Social media-based phishing attacks have taken off in a big way. According to some estimates, social media now accounts for as much as 5% of all phishing attacks globally. When you consider that phishing volume has grown consistently every year for more than a decade (up 40% last year alone), that 5% constitutes a lot of attacks. This increase is no coincidence. Social media phishing attacks...

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...

On a daily basis, around 42% of the global population, or 3.2 billion people, uses some form of social media. Of that number, people spend a daily average of 2.2 hours on these networks, too. These two numbers are exactly why threat actors continue to flock to social media to abuse them for phishing purposes; however, there is far more to this story. Phishing threats extend well beyond Twitter,...

Today, social media is a daily medium for communication for much of the modern world, and adoption only continues to grow. Because of this, much like how threat actors started to target mobile users, they have begun to abuse social media, too. While marketing teams have been known to monitor social media to protect their brand and communicate on their behalf, they are not equipped to handle...

If you have ever worked for an organization that uses Microsoft-based systems, there is a high likelihood that your IT or security team has implemented a policy that occasionally forces you to create a new password. Years ago it was every three months, then every two, and so on. This policy was heavily encouraged by Microsoft, but as of May of this year, they have reversed course. According to...

Recently, our Director of Product Management, Cary Hudgins, discussed how to develop a digital risk protection plan for the modern enterprise. One of the many reasons why such a plan should be created is because, in today's world, an enterprise organization's digital footprint can be vast and will continue to grow. Take for example the average employee who receives an average of 90 emails per...

Taking Advantage of Our Tendency to Simplify There's an old joke floating around the Internet that claims NASA, upon discovering that standard ballpoint pens would not work in space, invested millions of dollars and years of R&D. The resulting pen was supposedly capable of writing in zero-G, on any surface, and in temperatures that would surely kill any astronaut. When confronted with the same...

In May of 2018, we reported on three Romanian threat actors who were extradited to the U.S. for their involvement in a SMiShing and Vishing fraud scheme. At the time of reporting, the expected losses were listed around $18 million but have since risen to more than $21 million. Between July 12 and October 31, 2011, PhishLabs' analysts detected a number of telephone phishing (known as vishing)...

It's time to take action against phish! Phishing attacks are no longer few and far between, they are the norm. Regardless of your company's investments in filtering technologies and countermeasures, suspicious and malicious emails make it into employee inboxes. It only takes one to cost your company time, money, and lost reputation. Unfortunately, even with traditional security awareness...

We've previously reported on how, due to the rise in phishing attempts leveraging SSL certificates, the icon in your web browser gives your users a false sense of security. The threat, however, doesn't end with your web browser. Although first observed as early as 2016, PhishLabs analysts have observed a dramatic uptick in the imitation of flags, banners, and other markup used by applications...

You are affected by social engineering tactics every day. Okay, let me explain. From an information security standpoint, Wikipedia says that social engineering is the psychological manipulation of people into performing actions or divulging confidential information[1]. That's true, but social engineering isn't limited to information security; it's something we all experience, every day. In...

It happens on a daily basis, it's even likely that at some point it happened to you: social media account takeovers. A quick Google search shows a new batch of celebrities, politicians, companies, and other high profile users becoming the victim of account takeovers on a weekly basis. It's concerning, it can cause a ruckus, and depending on what happened after the fact it can even cause damage...

Exposing your geolocation information publicly can lead to increased personal and business risk. This is particularly important to note in the wake of Google's location tracking, even if you explicitly told them not to. It is remarkable how freely we tell the world one of the most important things about ourselves: where we are. The everyday use of geotagging and geolocation data has enabled many...