Email services will not be outdated anytime soon as most businesses still prefer it to be their primary means of communication. However, as 4.6 billion people will be using emails by 2025, there is an alarming rise in email impersonation attacks and email security risks. In a single case in Colombia, $8 million was compromised by malicious actors in a recent example of an impersonation attack.
Malicious actors target Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs) as attack points for malware delivery. Attacks on distribution networks have increased in frequency in recent times. The reward to any attempt that successfully infiltrates a Managed Service Provider (MSP) far surpasses the cost of the incident. Attackers install ransomware on various networks and devices after exploiting vulnerabilities in email services and systems managed by MSPs. Several managed service providers have lately acknowledged becoming victims of targeted ransomware attacks.
The cyber realm has progressed much over the last week; here is the compilation of the top cybersecurity headlines from the past seven days.
The general notion among consumers of electronic goods today is that a seller or manufacturer does a good job of ensuring their security from cyberattacks. More often than not, this isn’t true. Of late, cyber adversaries have been intruding into netizens’ private and public spaces – right from attacks on their organizational networks to home systems such as smart TVs, CCTVs, baby monitors, etc. The United Kingdom government has implemented the Product Security and Telecommunications Infrastructure (PSTI) Bill as a corrective measure. The PSTI bill mandates all manufacturers and sellers of IoT devices to abide by cybersecurity protocols and protect the privacy of Britons.
Designing a successful email marketing campaign takes time and strategy. While it is imperative to partner with an established email marketing vendor, you cannot possibly overlook email security. As an enterprise head, you might be focusing on intensifying your digital footprint by working on your email list and leads. Amidst all these responsibilities, it’s easy to ignore online threats from malicious actors. While most established email marketing vendors offer anti-phishing services and ransomware protection, you need to guard yourself against other modes of attacks too. To craft a better experience on your digital journey, you need to know the best practices while selecting your email marketing vendor.
Cyber adversaries’ ways of intruding into private networks only seem to be evolving. The best way to stay ahead of them is to invest time and resources in acquiring the right cybersecurity tools. Here are this week’s top cyber news headlines to help the pursuit of creating safe cyberspace for all.
Malicious actors reportedly attacked the Federal Bureau of Investigation (FBI) mail system Saturday (November 13, 2021) morning, ostensibly as a DHS warning of a cyberattack. The FBI confirmed that attackers compromised its mail servers and sent out bogus messages. Despite spending millions to ensure cybersecurity, the FBI’s network has been compromised. The attackers could have used the emails for spear phishing and ransomware attacks but instead outlined how recipients avoid cybercrimes. They used a compromised server to send spam, warning that someone could steal their data.
Threat actors continue to launch cyber attacks on organizations around the world. This week’s headlines cover some of these, among other cyber news.
Pakistan-based threat actors running the GravityRAT remote access trojan have recently developed a chat application called SoSafe chat which spreads malware under the disguise of a ‘safe messaging platform.’ Cybersecurity experts say that the malware is currently targeting high-profile individuals from India. Although the download link and registration for this malicious site remain un-operational, it is very much online.
Cyber threats of various kinds are rising, but as businesses and individuals become aware of the lurking dangers, cybercriminals are coming up with increasingly sophisticated methods. In a recent cyber attack, threat actors accessed customer support systems and stole data, including names and emails of 2 million Robinhood customers. After the attack on Robinhood Markets was discovered, the platform admitted that the attacker stole the client data by tricking a customer support employee.
Maintaining email security remains a challenge, especially when threat actors are so particular about sustaining their malicious activities despite law enforcement penalizing them. Here are the latest cyber headlines this week to guide you through the never-ending hunt for cyber offenders.
With API security, you’re not just securing your data but the strength of the infrastructure as well. When hackers exploit the vulnerabilities in the API and gain access to the entire network, they engage in privilege escalation and employ different kinds of attacks and compromise the most sensitive data. This could lead to huge revenue losses and long-term damage to the firm’s reputation, all of which has a better probability of being avoided with due efforts made in API security.