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...

PhishLabs is monitoring a multi-stage phishing campaign that impersonates government entities and telecoms to target financial institutions and their customers. The threat actor behind the attacks has been designated Royal Ripper. The initial stage of the attack harvests personal information and the sort code of the victim's bank. It then uses the sort code to redirect the victim to a second...

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,...

The digital presence of today's enterprise looks very different than it did earlier in the year. The COVID-19 pandemic is forcing rapid change on how many businesses use technology. From transitioning to remote workforces to delivering new online services, digital transformation initiatives that would normally span years are happening in weeks and months. Under these conditions, the likelihood...

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:...

On Tuesday afternoon, dozens of high-profile Twitter accounts were hijacked to promote cryptocurrency scams. Threat actors took over the accounts of Elon Musk, Bill Gates, Barack Obama, Jeff Bezos, and many others. Corporate Twitter accounts were also hijacked, including those belonging to cryptocurrency companies. What does this mean for enterprises and their security teams? Threat actors...

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...

Threat actors are masquerading as executives on social media for purposes of stealing credentials and damaging popular brands. Today, many executives have accounts on these platforms to network as well as post content promoting their companies. Unfortunately, it is easy for bad actors to create fake accounts and reach massive audiences by impersonating well-known individuals. These types of...

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...

The Federal Bureau of Investigation (FBI) published a public service announcement Wednesday warning the public of anticipated cyber attacks that exploit increased usage of mobile banking apps. The advisory comes at a time when a vast majority of Americans are working from home due to social distancing, and as a result, rely more on mobile apps to do their banking. According to the report, there...

When the term data leak comes to mind, most enterprises think of the dark web. Although compromised information can damage an organization when distributed through gated and anonymous platforms, we are seeing social channels being used to allow for a more rapid and potentially destructive outcome. These platforms have an overwhelming number of global participants, with almost half of the world...

Threat actors are using social media accounts to expose and sell data that has been compromised. While information found on many of these platforms has traditionally been disclosed by enterprises and individuals with intent, cyber criminals are taking information acquired by means of scams and data breaches and promoting their sale on various social platforms not always monitored by security...

With more than 2.95 billion people now estimated to use social media, an organization's online presence directly relates to the satisfaction of its customers, as well as its profits. False or misleading images or comments connected with a brand on online platforms can swiftly impact the reputation or even financials of an otherwise successful company. While most individuals have been...

Across the cybersecurity industry, white papers and reports typically highlight high-level trends related to cyber threats. However, what is often overlooked is a more granular analysis that focuses on individuals within an organization. More specifically, the high-value targets that threat actors focus much of their attention on. As part of an ongoing series, PhishLabs will examine how...

As enterprise workforces continue to transition to remote environments, online file sharing and cloud storage tools are becoming a frequent, if not necessary means of collaboration. While abusing these types of platforms is nothing new to threat actors, the lures they use are now taking advantage of the novel coronavirus. The two examples below demonstrate how. We are providing ongoing...

Cyber criminals are using COVID-19 to manipulate users on Twitter and steal funds through payment applications. Our latest example demonstrates how victims are being targeted with fake credential dumps. 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...

Threat actors are using the novel coronavirus to add credibility in recent Business Email Compromise (BEC) attacks. Below are three examples of 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. ...

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...

Threat actors are using the novel coronavirus to impersonate accounts on social media. The example below targets members of a credit union. 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 threat actor...