Hackers have reportedly stolen about $7.5 million from a Department of Health and Human Services grant payment system in a series of cyberattacks last year. The news comes in the midst of HHS and other authorities warnings about rising threats involving social engineering and payment scams.
Hackers aligned with the Iranian state are masquerading as journalists to target Middle East experts and deploy a new custom backdoor that supports the Iranian government's spying agenda. Tehran may be harvesting perspectives on the Israel-Hamas conflict, according to Microsoft.
The American Hospital Association is warning of increasingly sophisticated social engineering scams targeting hospital IT help desks with schemes involving the stolen credentials of revenue cycle and other finance employees to commit payment fraud against the institutions.
A Russian domestic intelligence agency hacking group known for long-lasting logon credential phishing campaigns against Western targets is now deploying malware embedded into PDFs, say security researchers from Google. "Coldriver" is using a family of backdoors Google dubs Spica.
Fraudsters have long relied on mule accounts to deposit proceeds from a variety of scams, but financial crimes investigators are seeing a shift to dropped accounts, which can be opened and quickly discarded to evade detection by law enforcement, said M&T Bank's Karen Boyer.
Alex Zeltcer, CEO and co-founder at nSure.ai, believes more companies are using AI and gen AI to create synthetic data that will be used to identify fraudulent groups who target online shoppers and gamers. He also observes social engineering at scale, perpetrated by machines, to conduct fraud.
Mimecast announced the acquisition of human risk management solutions specialist Elevate Security as part of its initiative to enhance digital workplace protection. The move aims to address evolving cyberthreats by offering insights into human behaviors and risks and empowering customers.
This week, hackers took over Mandiant's X account, authorities charged a Nigerian hacker with stealing $7.5 million from charities, the DOJ fined XCast $10 million for illegal robocalls, and attackers exploited an SMTP smuggling flaw in a phishing email campaign.
This week, Orbit Chain lost $81 million in a New Year's Eve hack, Indonesian police shuttered bitcoin mining operations, dYdX named its attacker, $324,000 users fell victim to 2023 crypto phishing scams, Singapore's prime minister had a deepfake problem, and 2023 crypto losses decreased by over 50%.
As we bid farewell to 2023, Philip Reitinger, president and CEO of the Global Cyber Alliance, reflected on the state of global cyber hygiene, shedding light on what's working, what needs improvement, and the transformative shifts necessary to achieve a cyber-secure future.
Hacks on healthcare sector entities reached record levels in 2023 in terms of data breaches. But the impact of hacks on hospital chains, doctors' offices and other medical providers - or their critical vendors - goes much deeper than the exposure of millions of health records.
All has not been quiet on the malicious cybersecurity front this year, thanks to constant cybercrime innovation, cyberattacks and cyberespionage, and malicious or inadvertent data breaches. Here are 12 notable incidents and trends of 2023 and their implications for the bigger cybersecurity picture.
Scammers are stealing hotels' log-in credentials for online travel site Booking.com and targeting their customers, experts warn. In many cases, attackers use Booking's own messaging system to contact customers and request their payment card data, they say.
Criminal use of social engineering at scale continues to surge, as AI-driven automation and easy access to stolen personal information enables attackers to create ever-more sophisticated and tough-to-detect assaults, says Sharon Conheady of First Defense Information Security.
In the future, deepfake technology will have a significant impact on newer forms of authentication such as voice and facial recognition and pose new challenges to defenders, said Ofer Friedman, chief business development officer at AU10TIX, an Israel-headquartered identity verification company.
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