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Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. As for the areas where scammers managed the biggest hits, business email compromise (BEC), confidence/romance fraud and spoofing were the top three types of crime in terms of monetarylosses.
Filip Chytrý , threat intelligence researcher at Avast Software , defines Crimeware-as-a-Service as an automation of malicious cyberattacks — rather than hackers compromising vulnerable systems themselves, they can instead pay for already established botnets and other online interfaces to seek out and exploit vulnerabilities.
FICO’s European Fraud Map for 2020, based on data from Euromonitor International , shows that the UK achieved the greatest fall in card fraud monetarylosses among the 18 countries studied, dropping 7 percent and £46 million year-on-year. Norway Sees Massive Rise from Phishing Attacks. Source: FICO European Fraud Map. .
The Business Email Compromise (BEC) continues to evolve. Separate analysis from Singapore warned that monetarylosses associated with BEC scams that specifically instruct targeted employees to send gift card redemption details are on the rise, too. The losses for one Texas school district totaled to $2.3
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