Join our subscribers
Lateral phishing uses real accounts for bogus campaigns
Thursday, July 18, 2019
Phishing continues to be the most preferred method for criminals to pluck low-hanging fruits. The Financial Crimes Enforcement Network (FinCEN), USA, this week said that email scammers are making at least £240 million in untaxed takings every month in the US alone. According to the agency, the number of suspicious activity reports describing business email compromises has more than doubled to over 1,100 per month last year, from around 500 per month in 2016.
Organisations have to increasingly invest in continuous cyber-security education of their human capital, said Ilia Kolochenko, founder and CEO of ImmuniWeb.
"No technology can resolve or mitigate all risks and threats without well-prepared people behind it. Contrariwise, even with imperfect or flawed technology, learned people will easily repel most of the phishing and similar attacks," he said. Read Full Article
SC Media: Application security at the 100 largest banks; 97 vulnerable to web & mobile attacks
ZDNet: Only three global banks given top website security score by ImmuniWeb
