Computer security researchers have acquired an enormous list of compromised email servers from the perpetrators of the mass Microsoft Exchange compromises. But a big question looms: How bad is this situation going to get?
Just days after Microsoft disclosed four serious flaws in Microsoft Exchange email servers, attackers are going on a wide hunt for vulnerable machines, some security experts say. The flaws could be exploited for creating backdoors for email accounts or installing ransomware and cryptominers.
In financial services, there is a stark difference between defending against authorized versus unauthorized fraud incidents. James Hunt of Bottomline Technologies discusses the schemes and how to respond with a more dynamic prevention strategy.
Microsoft issued emergency software patches on Tuesday for four zero-day vulnerabilities in its Exchange email server. The alarming vulnerabilities could allow a remote attacker into Exchange and possibly enable further lateral movement.
While many details about the SolarWinds Orion hack and full victim list remain unknown, experts have ascribed the apparent espionage campaign to Russia. Now, however, Reuters reports that a separate group of Chinese hackers was also exploiting SolarWinds vulnerabilities to hack targets.
Kevin O'Brien, CEO and co-founder of GreatHorn, often asks business leaders about their email security, and they say "It's OK." But what's not "OK" is that these defenses are leaving enterprises wide open to vulnerabilities that adversaries are exploiting.
Fraudsters are increasingly exploiting the auto-forwarding feature in compromised email accounts to help conduct business email compromise scams, the FBI warns.
Interpol, Nigerian law enforcement agencies and security firm Group-IB have collectively uncovered a massive Nigerian business email compromise gang that was active across more than 150 countries. Three suspected members have been arrested in Nigeria.
COVID-19 accelerated everything else digital; why not fraud, too? In this latest CEO/CISO panel, cybersecurity leaders talk frankly about the pace and scale of new fraud schemes from business email compromise to card not present to insider risk.
Attackers have been actively exploiting a flaw in Rackspace's hosted email service to send phishing emails, bearing legitimate and validated domain names, as part of business email compromise scams, warns IT security testing consultancy 7 Elements. Rackspace tells customers it plans to fix the problem soon.
The U.K. NCSC responded to over 700 cyber incidents over a 12-month period, 200 of which were related to the COVID-19 pandemic, according to the cyber agency's annual report. NCSC also notes that's it's preparing to step-up its response to cyber incidents involving the NHS and vaccine development.
The Republican Party of Wisconsin says fraudsters used phishing emails and doctored invoices to steal $2.3 million earmarked for President Donald Trump's reelection campaign. The FBI is investigating.
Business email compromise scams continue to proliferate around the globe, with the U.S. now second only to Nigeria as a home base for the cybercriminal organizations waging the campaigns, according to a study by the security firm Agari.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
A recently uncovered business email compromise scam that's targeting executives' Microsoft Office 365 accounts has hit over 150 organizations worldwide so far and netted the scammers about $15 million, according to incident response firm Mitiga.
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