Home Tag "Cybercriminals"

Top Middle East Universities Not Proactively Blocking Fraudulent Emails: Proofpoint

Deepak
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Proofpoint has released new research identifying that 84% of the top 100 universities in the Middle East are lagging behind on basic cybersecurity measures, subjecting students, staff and partners to a higher risk of email-based impersonation attacks. These findings are based on a Domain-based Message Authentication, Reporting and Conformance (DMARC) adoption analysis of the top 100 universities based in the Middle East. DMARC is an email validation protocol designed to protect domain names from being misused by cybercriminals. It authenticates the sender’s […]

Kaspersky Reveals The UAE’s Top Four Email Scams

Deepak
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Kaspersky experts have outlined top four email scam themes and tactics currently prevalent in the Middle East, Türkiye, Africa region (META). These scams highlight different social engineering techniques used by cybercriminals, however the objective remains the same, which is to entice unsuspecting victims and steal their personal and financial information. Phishing remains the most common type of social engineering attacks. According to the Spam and Phishing in 2022 report, Kaspersky’s anti-phishing system thwarted over 500 million attempts to access fraudulent Web […]

Kaspersky: Scams Target Courier Service Users In the Middle East

Deepak
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Kaspersky experts have detected a wave of scams related to courier services in the Middle East, Turkiye, and Africa. Fraudsters are employing deceptive tactics to trick unsuspecting users into divulging their financial information by claiming packages were undelivered due to unpaid delivery fees. Emails are mimicking communication on behalf of courier services popular in Africa, Turkiye, and the Middle East. Cybercriminals are sending deceptive emails that appear to be from the Aramex courier service, falsely claiming that a package can […]

Kaspersky Discovers New Phishing Scheme Targeting Cryptocurrency

Deepak
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Kaspersky has unearthed a phishing campaign targeting cryptocurrency users across the globe. The scheme showcases the ever-evolving tactics used by cybercriminals, reflecting cryptocurrency’s increasing appeal. During the spring of 2023 alone, Kaspersky’s solutions detected and thwarted over 85,000 scam emails, encompassing both hot and cold wallets. Kaspersky provides an in-depth report revealing the intricacies of these two distinct email attack techniques and enlightening the differences in hot and cold cryptocurrency storage methods. With over 400,000,000 cryptocurrency wallet owners globally, as […]

Satacom Campaign Delivers Cryptocurrency-Stealing Browser Extension

Deepak
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A malicious extension for the Chrome, Brave, and Opera browsers is used to steal cryptocurrency from victims as a part of a recent Satacom campaign discovered by Kaspersky. Nearly 30,000 users were at risk of being targeted during the last two months. The attackers have implemented a range of malicious actions to ensure that the extension remains undetected while the unsuspecting user browses the targeted cryptocurrency exchange websites, including Coinbase and Binance. In addition, the extension enables threat actors to […]

SentinelOne launches AI platform for cybersecurity

Deepak
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Cybercriminals around the world are using generative artificial intelligence (AI) to execute malicious attacks that can take down companies and governments. SentinelOne plans to use the same technologies to defeat them. The company unveiled a revolutionary threat-hunting platform that integrates multiple layers of AI technology to deliver unparalleled security capabilities and real-time, autonomous response to attacks across the entire enterprise. The news was announced during RSA Conference 2023, the premier cybersecurity event being held at the Moscone Center in San […]

Ransomware persisted despite improved detection in 2022: IBM

Deepak
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IBM Security has released its annual X-Force Threat Intelligence Index finding that although ransomware’s share of incidents in the Middle East and Africa (MEA) held steady at 18%, globally defenders were more successful detecting and preventing ransomware. Despite this, attackers continued to innovate, with the report showing that globally the average time to complete a ransomware attack dropped from two months down to less than 4 days. According to the 2023 report, the deployment of backdoors, which allow remote access to […]

Norton Labs Reveals Cybersecurity Predictions for 2023

Deepak
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Challenging economic times will create the perfect environment for scammers Norton has released its top cyber trends to watch in 2023, emphasizing that the economy will have the greatest impact on the spread of cybercrime next year. Norton experts predict the pressures associated with economic uncertainty and rising costs will create the perfect environment for scammers to take advantage of people when they are more vulnerable. It’s expected that cybercriminals will trick victims into surrendering personal information, emptying their bank […]

Attacks using encryption are breaching 70% of organizations: Vectra

Deepak
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Vectra AI has released a report on “The Evolving role of Network Detection and Response (NDR)”. It highlights why today’s security teams find it increasingly difficult to detect and stop cyber threats targeting their organizations. The research found that 70% of organizations have fallen victim to an attack that used encrypted traffic to avoid detection. Almost half (45%) admitted they’ve fallen victim multiple times. Worryingly, two thirds (66%) still don’t have visibility into all their encrypted traffic, leaving them highly […]
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