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The Art of Social Engineering: How to Use Digital Behavior to Uncover Real-Time Scams

At the heart of every cyberattack is an element of social engineering. From more common attacks, such as phishing, to more sophisticated attacks, such as authorized push payments and voice scams, cybercriminals have impersonation of our most-trusted institutions down to a science. This e-book explores how behavioral insights provide a significant new opportunity for detecting scams and how financial institutions were able to reduce social engineering fraud without impacting the customer experience. ....

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Datto Acquires Cyber Threat Detection Company BitDam

Press release content from Business Wire. The AP news staff was not involved in its creation.
Datto Acquires Cyber Threat Detection Company BitDam
March 10, 2021 GMT
NORWALK, Conn. (BUSINESS WIRE) Mar 10, 2021
Datto Holding Corp. (“Datto”) (NYSE:MSP), the leading global provider of cloud-based software and technology solutions purpose-built for managed service providers (MSPs), today announced that it has acquired BitDam Ltd., an Israel-based cyber threat detection company (“BitDam”).
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BitDam’s cyber-defense platform secures collaboration tools, such as M365 and Google Workspace, from ransomware, malware, and phishing. Its leading threat detection technology was built to stop zero-day threats including those that do not match any known malware signatures, proactively defending against malware and phishing threats within a user’s inbox, chat, or cloud drive. Year after year, MSPs report phishing as the most common cause of successfu ....

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Mail delivery phishing scammers cheat Hongkongers out of HK$2.2 million

Mail delivery phishing scammers cheat Hongkongers out of HK$2.2 million as demand for delivery during Covid-19 pandemic surges
Criminals sent victims fake messages or emails purportedly from Hongkong Post asking for credit card details to cover a mailing fee, police say
The information was then used to make online purchases, with one man cheated out of HK$75,000 ....

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GandCrab ransomware affiliate arrested for phishing attacks

GandCrab ransomware affiliate arrested for phishing attacks
By
10:07 AM
A suspected GandCrab Ransomware member was arrested in South Korea for using phishing emails to infect victims.
The GandCrab ransomware operation started in January 2018 when it quickly became a malware empire threatening businesses worldwide.
Operated as a Ransomware-as-a-Service (RaaS), the GandCrab developers teamed up with affiliates in a revenue share partnership, with affiliates earning between 70-80% of a ransom payment.
The operation shut down in the summer of 2019, but many security researchers believe the core developers went on to start the REvil ransomware group.
Suspected affiliate arrested in South Korea
As first reported by TheRecord, a 20-year-old man was arrested on February 25th by South Korean police after an international investigation traced GandCrab ransom payments to withdrawals made by the suspect. ....

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The Rising Threat of Vendor Email Compromise in a Post-SolarWinds Era

The historic attack on SolarWinds opened the world’s eyes to supply chain attacks from compromised vendor email accounts.
Abnormal Security sees clear evidence ....

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