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A week in security (August 3 – 9)

Last week on Malwarebytes Labs, on our Lock and Code podcast, we talked about identity and access management technology. We also wrote about business email compromises to score big, discussed how the Data Accountability and Transparency Act of 2020 looks beyond consent, and we analyzed how the Inter skimming kit is used in homoglyph attacks. Other cybersecurity news A new and unpatchable … [Read more...]

Business email compromise: gunning for goal

The evergreen peril of business email compromise (BEC) finds itself in the news once more. This time, major English Premier League football teams almost fell victim to their trickery, to the tune of £1 million. First half: fraudsters on the offensive Somebody compromised a Managing Director’s email after they logged into a phishing portal via bogus email. Fake accounts set up during the … [Read more...]

Lock and Code S1Ep7: Sounding the trumpet on web browser privacy with Pieter Arntz

This week on Lock and Code, we discuss the top security headlines generated right here on Labs and around the Internet. In addition, we talk to Pieter Arntz, malware intelligence researcher at Malwarebytes, about web browser privacy—an often neglected subcategory of data privacy. Without the proper restrictions, browsers can allow web trackers to follow you around the Internet, resulting in … [Read more...]

Lock and Code S1Ep2: On the challenges of managed service providers

This week on Lock and Code, we discuss the top security headlines generated right here on Labs and around the Internet. In addition, we talk to two representatives from an Atlanta-based managed service provider—a manager of engineering services and a data center architect—about the daily challenges of managing thousands of nodes and the future of the industry. Tune in for all this and more on … [Read more...]

Business Email Compromise Discussed on NPR’s Morning Edition

Earlier this week, I heard an interesting interview on NPR’s Morning Edition with a recent victim of Business Email Compromise (BEC), a growing threat that uses social engineering to exploit human nature in order to divert massive amounts of money to cybercriminals. Recent Business Email Compromise Trends show Evolving Tactics First, let’s start with a little background information. In … [Read more...]

Europol: Ransomware remains top threat in IOCTA report

The European Union Agency for Law Enforcement Cooperation, or Europol, just released its annual Internet Organized Crime Threat Assessment (IOCTA) report for the year. And we weren’t surprised to find that ransomware, despite its palpable decline in volume these past few months—a trend we’ve also seen and documented—remains the most prominent threat in terms of prevalence and financial … [Read more...]

When corporate communications look like a phish

Many organizations will spend significant sums of money on phishing training for employees. Taking the form of regular awareness training, or even simulated phishes to test employee awareness, this is a common practice at larger companies. However, even after training, a consistent baseline of employees will still click a malicious link from an unknown sender. Today, we’ll look at a … [Read more...]

Phishing Email Uses Google Drive to Get Past Microsoft Security

This week, Threatpost reported on a new spear-phishing attack that uses email sent via Google Drive claiming to be the CEO of the targeted company sharing important information with the recipients.  The email came from Google Drive, but the sender address didn’t match the company’s standard naming convention for email addresses. Because the message was sent by a legitimate email … [Read more...]

A look inside the FBI’s 2018 IC3 online crime report

The FBI’s Internet Crime Complaint Center have released their annual Crime Report, with the most recent release focusing on 2018. While the contents may not surprise, it definitely cements some of the bigger threats to consumers and businesses—and not all of them are particularly high tech. Sometimes less is most definitely more. What is the Internet Crime Complaint Center? Good question. For … [Read more...]