Interpol, Nigerian law enforcement agencies and security firm Group-IB have collectively uncovered a massive Nigerian business email compromise gang that was active across more than 150 countries. Three suspected members have been arrested in Nigeria.
The U.K. NCSC responded to over 700 cyber incidents over a 12-month period, 200 of which were related to the COVID-19 pandemic, according to the cyber agency's annual report. NCSC also notes that's it's preparing to step-up its response to cyber incidents involving the NHS and vaccine development.
The operators behind the AgentTesla remote access Trojan have upgraded the infostealer with additional capabilities, including the ability to steal credentials from VPNs, web browsers, FTP files and email clients, Sentinel Labs reports. The low-cost malware is used in BEC scams and other campaigns.
Southeast Asia has become a hotbed for cybercrime activities, says Anthony Bargar, former deputy CISO of the U.S. Department of Defense, who says enterprises in the region need to take a collaborative defense approach to respond to this new threat environment.
With 94% of cyber-threats originating in the email environment, it is clear that traditional tools are unable to keep up with advances in the threat landscape.
Spear phishing, impersonation attacks, and account takeovers remain fruitful avenues of attack for cyber-criminals aiming to infiltrate an organization....
As phishing campaigns and hacker attacks spread during the COVID-19 global pandemic, it's more important than ever for organizations to promptly report fraud to authorities to help them crack down on cybercrime, says Dr. Karnika Seth cyberlaw expert and advocate at Supreme Court of India.