Fresh Princes of “Business Email Compromise” Hack Making Millions
Every industry is fair game for hackers. One mistake with any account information like reusing or sharing passwords and your organization can be shaken down for millions. So remember to practice good cybersecurity: do not reuse passwords, always confirm whom you are sharing sensitive information with, and be careful when clicking on suspicious links.
Share this post with your friends as a reminder to why “password” should not be their password.
BEC or Business Email Compromise hacking is one of the most common types of cyber-attack, which the FBI says costs more than £6 billion a year – and experts say Nigeria is its epicentre.
At the onset of the COVID-19 pandemic, IBM Security X-Force created a threat intelligence task force dedicated to tracking down COVID-19 cyber threats against organizations that are keeping the vaccine supply chain moving. As part of these efforts, our team recently uncovered a global phishing campaign targeting organizations associated with a COVID-19 cold chain. The cold chain is a component of the vaccine supply chain that ensures the safe preservation of vaccines in temperature-controlled environments during their storage and transportation.
Think sensitive information about you or your business has landed into the hands of hackers? If you suspect your information has been part of a data leak, use HackNotice Instant Check for free and see if your data is being shared by hackers. Simply click HERE and enter the information you want checked.
US retailer Kmart has become the latest business to face disruption as a result of a ransomware attack. According to reports, the attack encrypted a number of servers operating on the Transformco network owned by Transform Holdco, which acquired Sears and Kmart back in 2019. Bleeping Computer reports that the attack has been traced to the Egregor ransomware operation, which has also targeted a number of other organizations, including Barnes and Noble, Ubisoft, and Crytek.
Ian Beer, one of the best hackers on the planet, found a way to hack and take full control of any nearby iPhone with what many in the security industry believe is one of the most impressive iPhone hacks ever. Beer wrote on Twitter that these bugs could’ve been worth $500,000, and he’d love for Apple to donate the money to a charity.
FireEye, one of the largest cybersecurity companies in the United States, said on Tuesday that it had been hacked, likely by a government, and that an arsenal of hacking tools used to test the defenses of its clients had been stolen. The FireEye breach was disclosed in a public filing with the Securities and Exchange Commission citing CEO Kevin Mandia. A blog post by the company here said “red team tools” were stolen as part of a highly sophisticated, likely government-backed hacking operation that used previously unseen techniques.
That’s this week’s roundup, showing that every industry benefits when good cybersecurity habits are followed. So wash your hands and keep your passwords secure. Thanks for reading, stay safe and we’ll see you next week!
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