In Q3, more than 75% of threats observed on the Dark Web were related to stolen credit card and debit card data, according to PhishLabs’ Quarterly Threat Trends & Intelligence Report. While there are significant volumes of malicious activity targeting industries on the Dark Web, the extensive nature of credit card fraud makes this threat type the most pervasive. Every quarter, PhishLabs analyzes...

Ransomware continues to grow as a thriving underground economy with limited risk and little barrier to entry. Ransomware attacks are supported by a robust ecosystem of dark web services, where many of the tasks needed to carry out an attack can be outsourced. These tasks are increasingly available and sold by threat actors who specialize in them. In this post, we take a look at Initial Access...

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...

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. ...

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...

Ransomware. The word strikes fear into the hearts of hospital administrators, local government officers, and small business owners everywhere. After exploding in 2016, ransomware has been covered extensively by media outlets and security experts, to the point where most organizations have started to take at least some action to mitigate their exposure. But have these efforts had any impact?...