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Phishing Increases as Industries New and Old Face a Barrage of Threats

Phishing attacks targeting consumers during 2021 have increased nearly 32% from 2020, according to PhishLabs’ Quarterly Threat Trends & Intelligence Report. While trends have been erratic, multiple spikes in activity continue to make phishing the most dominant attack method on the threat landscape. Threat actors are experimenting with a variety of tactics to target enterprises with these attacks,...
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Financial Services: The Top Tools and Tactics Used to Execute Phishing Attacks

Financial institutions have experienced a 15.3% increase in share in phishing attacks, according to PhishLabs’ Quarterly Threat Trends & Intelligence Report. This increase establishes financial services as the top targeted industry and shows threat actors continue to place high value on compromised banking credentials. In this post, we take a look at the tools and infrastructure used by threat...
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Social Media Attacks Increase 47%

Social media threats targeting enterprises have increased 47% since January 2021, according to PhishLabs Quarterly Threat Trends & Intelligence Report. While the attack volume varies by industry, today the average organization is being targeted on social media with increasing frequency. Every quarter, PhishLabs analyzes and mitigates hundreds of thousands of phishing and social media attacks...
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3 Strategies to Enhance Brand Threat Intelligence

Brand threats have accounted for 68% of fraud attacks so far this year. Contrary to traditional cyber attacks, which are designed to compromise the infrastructure or circumvent controls, brand threats live outside of the organization’s control and compromise the reputation of your brand. Common types of brand misrepresentation include spoofed emails, social media scams, and fake mobile apps. The...
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OSINT: How Usernames Unlock Investigations

One piece of evidence that adds value to investigating social media threats is the threat actor’s chosen username. Usernames can hold meaning to the individual, and as a result provide useful information when expanding investigations to different social platforms. As we covered in our last OSINT post, connecting all known social media accounts to one user is a critical step in determining risk,...
On-Demand Webinar

What Threat Actors Don’t Want You to Know: Active Evasion Techniques

Cybercriminals constantly evolve their tactics to evade detection. This is especially true for phishing campaigns. Threat actors frequently use new techniques to make phishing sites more difficult to detect, leading to more stolen credentials and greater fraud losses. In this 30-minute session, PhishLabs will detail the top techniques cybercriminals use to keep phishing sites under the radar and...
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Most Phishing Attacks Use Compromised Domains and Free Hosting

To stage a phishing site, cybercriminals have several options. They can use a legitimate domain that has been compromised, they can abuse free hosting services, or they can register their own domain. Understanding the prevalence of each scenario is fundamental to detecting and mitigating these threats as early in the attack process as possible (including before they've been launched). PhishLabs...
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OSINT: Mapping Threat Actor Social Media Accounts

A threatening social media post targeting an executive, employee, brand, or any other asset often has merit to it, and investigating the online accounts associated with the threat actor is imperative in the process of assessing risk. By mapping social media accounts operated by the threat actor, as well as general social media risk monitoring, you can build a more comprehensive profile of the...
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Threat Actor using Social Media to Scam Credit Union Members

Recently, PhishLabs mitigated an attack using a fake social media page to steal the credentials of a credit union (CU) customer. Social media is increasingly used as a vehicle for attacks, and organizations should adopt social media protection measures to stay ahead of threats. The below demonstrates how the attack was executed. The Scam Initially, the threat actor sends the victim a text...
Blog

Using Social Media OSINT to Determine Actor Locations

Obtaining the location of a social media threat actor can provide important information in the process of assessing risk. Verifying a geographical region of a user is vital in determining the credibility and risk level of the posted threatening content. Investigating true locations of threat actors can evidently turn a seemingly baseless low risk social media threat into something that may be...
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Easy to Deceive, Difficult to Detect, Impersonation Dominates Attacks

Impersonation enables threat actors to manipulate victims into disclosing sensitive information as well as enhance their ability to commit fraud. An organization's name, logo, or messaging can be incorporated into almost any threat type, making it an easy and versatile element of a cyber attack. Impersonation is an especially difficult technique to defend against because of its diverse range of...
Blog

Phishing Campaign Uses Malicious Office 365 App

Most phishing campaigns use social engineering and brand impersonation to attempt to take over accounts and trick the victim into divulging their credentials. PhishLabs has uncovered a previously unseen tactic by attackers that uses a malicious Microsoft Office 365 App to gain access to a victim's account without requiring them to give up their credentials to the attackers. In this technique,...
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Limited Impact of Phishing Site Blocklists and Browser Warnings

The life of a phishing site is brief, but impactful. A study published earlier this year found the average time span between the first and last victim of a phishing attack is just 21 hours. The same study observed the average phishing site shows up in industry blocklist feeds nearly 9 hours after the first victim visit. By that time, most of the damage is done. Blocklists are an important...
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How URL Tracking Systems are Abused for Phishing

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...
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Planetary Reef: Cybercriminal Hosting and Phishing-as-a-Service Threat Actor

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...
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How to Take Down Social Media Threats

Threat actors increasingly use social media to attack brands, VIPs, and customers. The types of threats on these platforms are diverse and each social network has different policies in place for how they respond to reported attacks. As a result, mitigating threats on social media can be a frustrating and time-consuming process for security teams. In this post, we break down some common social...
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Social Media Intelligence: Cutting Through the Noise

Social media is rapidly becoming the preferred online channel for threat actors. Almost four billion people use some form of social media, and organizations are increasingly reliant on company pages, executive presence, and positive customer interaction to build a strong brand. As a result, a malicious post or tweet can cause irreversible damage to an enterprise. Last year, 53% of all...
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Executive Impersonation Techniques on Social Media

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...
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Data Leakage on Social Media: Credit Card Info, Confidential Docs

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...
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Social Media Platforms Latest Channels used to Leak Sensitive Data

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...