Americans Lose a Record $10 Billion to Fraud in 2023; Mostly Due To Investment Scams

The US Federal Trade Commission (FTC) has disclosed that people in the United States lost a record $10 billion to fraud in 2023, a 14% increase from 2022. Nearly half of the losses were ...

Watch Out For Valentine’s Day Romance Scams

Users should be wary of online romance scams ahead of Valentine’s Day, according to Imogen Byers at ESET. While in the past these scams could often be thwarted by using reverse image ...

Unprecedented Rise of Malvertising as a Precursor to Ransomware

Cybercriminals increasingly used malvertising to gain initial access to victims’ networks in 2023, according to Malwarebytes’s latest State of Malware report.

81% of Organizations Cite Phishing as the Top Security Risk

Organizations are finally dialing in on where they need to focus their cybersecurity strategies, starting with phishing. But the top four cited security risks all have one element in ...

Generative AI Used to Launch Phishing Attacks

Criminal threat actors are increasingly utilizing generative AI tools like ChatGPT to launch social engineering attacks, according to researchers at Check Point.

Fake “I Can’t Believe He’s Gone” Posts Seek to Steal Facebook Credentials

A new scam relies on a victim's sense of curiosity, brand impersonation, and the hopes of a new login to compromise Facebook credentials.

New Phishing-As-A-Service Kit with Ability to Bypass MFA Targets Microsoft 365 Accounts

A phishing-as-a-service platform called “Greatness” is facilitating phishing attacks against Microsoft 365 accounts, according to researchers at Sucuri.

Vendor Email Compromise Attacks Against Financial Services Surge 137% Last Year

Analysis of 2023 attacks shows how the financial services industry had a very bad year, with increases in both vendor email compromise (VEC) and business email compromise (BEC) attacks, ...

Microsoft Teams: The New Phishing Battlefront - How Attackers Are Exploiting Trusted Platforms

Attackers are abusing Microsoft Teams to send phishing messages, according to researchers at AT&T Cybersecurity.

81% of Underwriters Expect Cyber Insurance Premiums to Increase as Risk is Expected to Soar

New data from cyber insurance underwriters shows what they think the biggest threats will be in 2024 and what organizations should do about it.