Cybercriminals have begun peddling patches that install malware rather than fix the vulnerabilities recently discovered in computer chips. Learn how hackers are conning people into installing these fake patches so that you do not become the next victim.
Email is an essential communication tool for most businesses. While email services have traditionally been provided on-premises, an increasing number of companies are moving their email services to the cloud. Almost 60 percent of businesses worldwide now use either Microsoft Office 365 or Google G Suite, according to the Bitglass 2016 Cloud Adoption Report. Office 365 is deployed in 34.8 … Read More
Spear phishing scams targeted at businesses have proven to be very lucrative for cybercriminals. For example, since January 2015, hackers have stolen over $3 billion (USD) from more than 22,000 companies worldwide using a type of spear phishing attack known as a Business Email Compromise (BEC) scam, according to the U.S. Federal Bureau of Investigation (FBI). BEC scams specifically target … Read More
PayPal scams are nothing new. What is new is that cybercriminals have started using legitimate PayPal services to perpetrate those cyberattacks. In July 2016, cybercriminals sent legitimate PayPal emails to PayPal members in an effort to scam them out of $100 USD as well as infect their computers with malware. How the Scam Worked To carry out the scam, cybercriminals … Read More
Cybercriminals have stolen $3.1 billion from businesses since January 2015 — not with high-tech ransomware or stealthy spyware, but rather with low-tech emails. The U.S. Federal Bureau of Investigation (FBI) refers to these attacks as Business Email Compromise (BEC) scams. Since January 2015, more than 22,000 businesses worldwide (including businesses in all 50 U.S. states) have reported falling victim to … Read More
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