FBI, Phishing and Ransomware

91.1% of Organisations Impacted by AI-Enhanced Phishing Attacks, Acronis Reports

The Fintech Times

FEBRUARY 9, 2024

In fact, it found that AI-enhanced phishing affected 91.1 ” Acronis also reveals that while the number of new groups and ransomware variants is decreasing, the most renowned families of the attack vector are still causing companies across the globe to lose data and money. The post 91.1%

Phishing

Phishing AI MSPS Ransomware

Criminals Reverting to Old-School Tactics with New Twists, Visa’s State of Scams Report Shows

Fintech Finance

OCTOBER 24, 2024

Government impersonation scams: Consumers are falling victim to scams where fraudsters pose as representatives from the government, including agencies like the USPS, the FBI and the IRS. Ransomware: More sophisticated ransomware attacks are affecting more companies and individuals.

Scams

Scams Ransomware Governance Government

KnowBe4 Phishing Tool Looks To Take Down CEO Fraud

PYMNTS

DECEMBER 6, 2016

KnowBe4 , a security awareness training and simulated phishing platform provider, launched a new tool designed to help IT managers combat CEO fraud, or Business Email Compromise (BEC) as it is referred to by the FBI. The phishing tool uses simulated attacks to test users and tracks how they reply.

Phishing

Phishing Wire Transfer Email Compromise Business Email Compromise

Webinars

From Start to Scale: Driving Growth Through Seamless Payments Implementation

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Email Scammers Are Targeting B2B Firms In Today’s Work-From-Home Era

PYMNTS

OCTOBER 9, 2020

told PYMNTS that the FBI has found email fraud already costs businesses and individuals $3.5 We have seen phishing attacks surge since the pandemic started,” Reichel said. Phishing scams continue to proliferate in the number of attacks and dollar value of losses.”. Ransomware And Malware. Spear Phishing.

B2B

B2B Phishing Scams Ransomware

Malware Hits Banks By Mimicking Video Conferencing App

PYMNTS

OCTOBER 19, 2020

Disguising itself as a commonly used video conferencing tool, Vizom spreads through phishing campaigns. Treasury Office of Terrorism and Financial Intelligence issued an alert about the surge in ransomware attacks. Ransomware attacks jumped 37 percent last year, with losses up 46 percent, according to FBI statistics.

Ransomware

Ransomware FBI Phishing Treasury

The Big Spike In ‘CEO Fraud’

PYMNTS

FEBRUARY 12, 2020

All in, the FBI’s Internet Crime Complaint Center (IC3) received a total of 467,361 complaints, with reported losses exceeding $3.5 Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year.

Business Email Compromise

Business Email Compromise FBI Email Compromise Scams

FBI Sets Sights On Payroll Fraud Scheme

PYMNTS

SEPTEMBER 21, 2018

To that end, the the Internet Crime Complaint Center (IC3), a hub to bring complaints to the Federal Bureau of Investigation (FBI), is eyeing payroll fraud. The methods those bad actors use — and which have been documented in this space — include phishing attempts to gain access to individuals’ credentials. Across The Pond.

Payroll

Payroll FBI ACH Same Day ACH

ProofPoint Warns Of Bank Trojans: A Massive Threat Executives May Overlook

PYMNTS

AUGUST 8, 2018

Warnings from the Federal Bureau of Investigation have enterprises worried about cybersecurity — specifically, concerns about ransomware attacks. Phishing emails — 93 percent of which include ransomware, according to ITProPortal — should by no means be ignored. Compare that to ransomware, which made up just 11 percent.

Ransomware

Ransomware Phishing Email Compromise Online and Mobile Banking

Tax Season Adds Extra Fraud Weight For SMBs

PYMNTS

FEBRUARY 24, 2020

In a new report from ProofPoint , researchers warned that any businesses with the word “tax” in its domain is at risk of being spoofed by phishing attackers targeting small to medium-sized businesses (SMBs). 75,000 is the average loss of a BEC scam , new data from the FBI has revealed. Tax season is upon U.S.

Business Email Compromise

Business Email Compromise Scams Email Compromise Phishing

Holiday Season Brings Corporate Payments Fraud Spike

PYMNTS

DECEMBER 16, 2019

the FBI recently issued a warning for holiday shoppers of a new scam called eSkimming , in which cyber criminals hack into legitimate online retailer websites to steal shoppers’ credit and debit card details. 60 percent more ransomware attacks were recorded this year , new data from Kaspersky Labs found. In the U.S.,

Ransomware

Ransomware Cross-Border Cross-Border Payments Payroll

Anatomy Of A Bank Heist, SWIFT-ly Done By Phishers

PYMNTS

SEPTEMBER 17, 2018

global ransomware attack and the 2014 attack on Sony Pictures Entertainment. Writ large, the attack and entré into the Bangladesh Bank two years ago took place by sending phishing emails to employees of the bank and — upon snaring some unwitting victims — gaining access to SWIFT. The Methods.

SWIFT

SWIFT Phishing Ransomware Central Bank

Cybersecurity Researchers To Corporates: You’re Being Naïve

PYMNTS

DECEMBER 22, 2016

Data security company Imperva, reports said, found that phishing attacks are more likely to be successful when a person opens an email at work (with 35 percent of phishing emails sent between 9 a.m. All of this data has flowed in as IBM Security reports another reason to be concerned about U.S. companies’ cybersecurity measures.

Cybersecurity

Cybersecurity Research Phishing Breach

From Russia, With Malware: US Charges Hackers In $100M Bank Fraud

PYMNTS

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware. which is the group of hackers behind the Dridex malware used in phishing email attacks. Yakubets, who also has been known as “aqua,” has been cited as being the leader of Evil Corp.,

Treasury

Treasury Wires Wire Credential

From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud

PYMNTS

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware. which is the group of hackers behind the Dridex malware used in phishing email attacks. Yakubets, who also has been known as “aqua,” has been cited as being the leader of Evil Corp.,

Treasury

Treasury Wires Wire Credential

Computer Virus Brings Ohio Town’s Government To A Halt

PYMNTS

FEBRUARY 3, 2017

Although the details have yet to be released, it’s believed that an employee’s computer was exposed to the ransomware through a phishing scam or by accidentally downloading it. The servers have now been locked up, and the FBI and Bureau of Criminal Investigation have been notified.

Government

Government Governance Law Enforcement Ransomware

Payments Space

91.1% of Organisations Impacted by AI-Enhanced Phishing Attacks, Acronis Reports

Criminals Reverting to Old-School Tactics with New Twists, Visa’s State of Scams Report Shows

KnowBe4 Phishing Tool Looks To Take Down CEO Fraud

Webinars

Email Scammers Are Targeting B2B Firms In Today’s Work-From-Home Era

Malware Hits Banks By Mimicking Video Conferencing App

The Big Spike In ‘CEO Fraud’

FBI Sets Sights On Payroll Fraud Scheme

ProofPoint Warns Of Bank Trojans: A Massive Threat Executives May Overlook

Tax Season Adds Extra Fraud Weight For SMBs

Holiday Season Brings Corporate Payments Fraud Spike

Anatomy Of A Bank Heist, SWIFT-ly Done By Phishers

Cybersecurity Researchers To Corporates: You’re Being Naïve

From Russia, With Malware: US Charges Hackers In $100M Bank Fraud

From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud

Computer Virus Brings Ohio Town’s Government To A Halt

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