Hackers are targeting hundreds of thousands of Google users with fake Google Drive notifications and emails to try and trick them into visiting malicious websites.

Everyone wants to impress their boss, which is exactly what scammers rely on nowadays to carry out sophisticated phishing attacks called CEO fraud. Examples of CEO fraud are becoming increasingly common, with attackers regularly sending out phishing emails to an organization's employees and impersonating the top executive. This often comes with a demand at the end of the day...

As much as we can say that cyber security measures are advancing, we can say the same about cyber criminals and their strategies. In 2022, ransomware attacks occurred every 11 seconds on average, at a global annual cost to businesses and governments of $20 billion US. Costs are rising in part due to the growing ransoms demanded from victims. While estimates of the average...

Biometric authentication, such as face IDs, retina scans, and fingerprints, were introduced to our devices to increase security. At first, it felt like it was doing what it was meant to do. Plus, the convenience it brought with it was top-notch. I mean, accessing your smartphone with your thumb? Logging into your bank account using your face ID? Amazing. However, over the...

This financial sector’s reliance on computer systems and network has made it an attractive target for cyber attacks, now the biggest risk to the UK financial system. In its latest Financial Stability Report, the Bank of England (BoE) agrees that cyber threats may be prevalent in 2023. The BoE said that it is working to strengthen defenses against cyber attacks. The report...

There is a sharp rise in cyber attacks targeting businesses and organizations across Australia. The nature of these attacks ranges from ransomware and phishing scams to distributed denial-of-service (DDoS) attacks, with some estimates suggesting that the number of cyber incidents could be as high as one million per year. The financial cost of these cyber attacks is immense,...

Did you know that gift card scams are among the most popular cyber threats? The same things that make gift cards popular with consumers—convenience and ease of use—also make them attractive to scammers as a vehicle for fraud. Gift cards, also known as gift certificates or vouchers, have topped the list of reported fraud payment methods every year since 2018, according to the...

On November 1st, 2022, Dropbox became the victim of a cyber attack where source code repositories, as well as names and emails of their employees, were unauthorizedly accessed. It is not yet clear how the unauthorized access took place, but Dropbox has said that they are investigating the matter. The company is urging all users to change their passwords as a precautionary...

On September 15, the Hive ransomware group claimed to have launched an attack against Bell Technology Solutions on August 20, 2022. The compromised information contained approximately 1.9 million active email addresses, 1,700 names, and active phone numbers. Bell Technology Solutions is a subsidiary of Bell Canada, a leading communications company and communications provider...

When it comes to cyber crime, hackers like to locate the most high-value targets, whether it’s a piece of infrastructure or an individual with access to privileged information, all while expending the least effort possible. In most examples of spear phishing attacks, a criminal will send out targeted attacks via email to multiple users. In these emails, the attacker will use...

In early July, IT solutions provider and remote management solution provider Kaseya announced that it had fallen victim to a supply chain ransomware attack. During the attack, hackers leveraged a vulnerability in Kaseya’s VSA platform to encrypt the data of hundreds of downstream MSPs and their clients. The Kaseya ransomware outbreak is one of the latest high-profile...

At the start of April, hackers leaked the data of 533 million Facebook users from 106 countries in an online hacking forum. The leaked data included the private information of Facebook users like full names, phone numbers, email addresses, locations, Facebook IDs, and biographical data. While hackers obtained the information in 2019, there are serious concerns over how cyber...

During the last week of January 2021, cyber security provider TrendMicro shared a blog post highlighting an Office-365 phishing campaign that criminals have targeted executives within manufacturing, tech, real estate, government, and finance since May 2020. As part of the scam, fraudsters sent the victims fake emails with links to a phishing site, where they harvested their...

Discover security awareness trends and best practices for 2021 Your employees are your first line of defense against cyber security attacks. The strength of your security awareness program depends on every employee in your organization. As part of your organizational goals and plans for 2021, you need to prioritize building a cyber secure and aware culture. This requires an...

The disruption caused by the Covid-19 pandemic saw enterprises across the globe rapidly adopt remote working to support social distancing and comply with quarantine restrictions implemented by national governments. Amid this chaos, many cyber criminals created new phishing scams and other online threats, leading to many high profile data breaches. One of the most alarming...

With Black Friday, Cyber Monday, Thanksgiving, and the Christmas holidays fast approaching, cyber criminals are working round the clock to create new scams, such as the shipping notification scam, to phish for private information and commit identity fraud. As many employees will be shopping online during working hours, cyber security leaders need to educate employees on...

Security awareness training for financial services and bank employees must be a top priority. While financial services institutions have long been prime targets for cybercriminals, as most attacks are financially motivated, the shift to remote work business models and operations has heightened cyber security risk levels. Recent data reinforces why financial services CISOs and...

In mid-August, cybercriminals targeted the Canada Revenue Agency with two credential stuffing attacks, obtaining the usernames and passwords of 9,041 GCKey accounts, and 5,500 CRA accounts. The fraudsters then used the stolen login credentials to apply for the Canadian Emergency Response Benefit (CERB). In response to the attack, a statement released by the Office of the Chief...

Since December 2019, there has been a coordinated campaign of phishing attempts targeting Office 365 users. Cyber criminals have sent spoofed email, gathering the login credentials and payment details of Microsoft accounts in over 62 countries. According to one report, despite a 42% reduction in phishing attempts in 2019, scams like this Microsoft Office 365 campaign remain a...

Social networking overlaps corporate and personal lives, and so should the mission to create a culture of security awareness. It’s true. There was little – if nothing – any Facebook user could have done to prevent their passwords from getting exposed earlier this spring. Just look at the facts of the case, said Theo Zafirakos, Chief Information Security Officer and Security...