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SMiShing

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Ecommerce firm Next Level Apparel email phishing

E-commerce firm, Next Level Apparel suffered email phishing that affects some employees

An American e-commerce firm and leading designer and manufacturer of clothing items, Next Level Apparel, has recently experienced a data breach issue that affected its employees’ email accounts. As reported by the firm’s issued press release, a small number of employee email accounts have been compromised to an email phishing incident. The attack has given threat actors unauthorized access to sensitive company information.  The exposed...
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Evidence suspicious emails phishing attack threats vishing SMiShing

Evidence proves that one out of three flagged suspicious emails were actual phishing attack threats

Recent reports reveal that about a third of emails that employees have been reporting to be malicious are indeed threats of phishing attacks. From the analysis of IT security companies, it was found that at least 33% of more than 200,000 flagged emails by employees from different firms worldwide for the first half of 2021...
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cybercrime work from home remote work fraud prevention vulnerability exploit

Remote work leveraged for cybercrime by adversaries in targeted attacks

Cybercrime (CC) has never been projected as high as last fiscal year compared to the previous years. Historical data confirms the enormous leap of numbers on reported cases in various types of attack known by the cybersecurity experts. Incidents of repurposed tactics, newer and more lethal approach of adversaries were recorded complimenting the uprising cases...
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phone scams communications frauds money loss fraud prevention vishing SMSing

Phone scams stolen money from almost 40 percent of consumers in 2020

Almost 40% of telecommunication consumers have lost money to phone scams and frauds during the previous year based on a recent research report conducted by a Hiya, a telecommunication platform. It is now more than ever that consumers and organizations rely on using voice calls to process transactions with voice network traffic rising 184% in...
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financial services finance industry sector covid19 cyberattacks fraud prevention

Financial Services suffer cyber-attacks related to Covid19

Cybercrime has significantly increased every year, which is directly proportional to the growth of technology. Factors attributed to this increase could be summed up due to the perpetrators’ persistent behaviour through new tactics like using Covid19 as theme and sophisticated applications. Cybercriminals are being backed up by governments and the victim’s open vulnerability. Different sectors...
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sim swap attack smshing cryptocurrency

USD$2.5M worth of stolen CryptoCurrency from the latest SIM Swap Attacks

A man aged 20 from Dublin, was arrested and brought before the High Court on Thursday on foot of an extradition warrant. During a brief appearance, he indicated he understood the charges. He was remanded in custody until May 22. The US Attorney General for the Eastern State of Michigan said that their investigation had...
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attack on banks smshing malware simjacking injection

Attack on Banks: Tactics and Techniques used to target Financial Organization

It has been said before that financial institution is losing an astounding amount yearly from cyberattacks. Monetizing attack on banks and financial institutions are no longer concentrated by cybercriminals; instead they shifted attention to employees from large business organizations. Workers occupying positions under financial departments, accountants and bank are realized that they can steal money...
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twitter ceo, jack dorsey hacked

Jack Got Hijacked – Twitter CEO’s Account Hacked

It was a very unpleasant Friday, at approximately 12:45 PM Pacific Standard Time, Twitter handle @jack – confirmed to be of Jack Dorsey’s (Twitter’s Chief Executive Officer) account, began sending out a series of highly inappropriate and notably disturbing tweets. They included a mix of racial slurs, obscenity, profanity, nazi-inclined campaigns, and even a bomb...
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SMiShing

An alternative flavour of SMiShing

SMiShing attacks often leverage a trusted brand to route the victim to a phishing site. An alternative variant of SMiShing is where the spam message contains only a call back number. The message maybe as simple as “Please urgently call back xxxx xxxx xxxx to update your account details” and there is no mention of...
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SMiShing

SMiShing – a resurgent phishing based threat.

SMiShing – a phishing based threat against the Mobile Channel.   SMiShing is a phishing based attack that leverages the Short Message Service (SMS) or phone based text message. SMiShing or Smishing has been around for many years now so it is not a new threat but a persistent threat that is evolving.   With...
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