Council Post: How To Protect Your Consumers Against Email Fraud

Council Post: How To Protect Your Consumers Against Email Fraud

Global Resident Chief Information Security Officer (CISO) for Proofpoint. getty While shopping online, consumers regularly hand over their personal and financial data, so retailers should protect their domains from unauthorized use. If they don’t, their domains could be used in business email compromise (BEC) attacks, phishing emails, email scams and other cyber threat activities, putting their customers at risk. At Proofpoint, we did our own research using the domain-based message authentication, reporting and conformance (DMARC) records…

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New malware seizes on COVID-19 to target Android users

New malware seizes on COVID-19 to target Android users

A new form of malware that experts are referring to as “TangleBot” is relying on interest in COVID-19 to trick Android users in the U.S and Canada into clicking on a link that will infect their cell phones, according to analysts at the mobile and email security company Cloudmark.  Cloudmark says the “clever and complicated” malware sends Android users a text message claiming to have the latest COVID-19 guidance in their area or informs them…

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FTC Reports Huge Jump in Cryptocurrency Scams

FTC Reports Huge Jump in Cryptocurrency Scams

By John P. Mello Jr. May 19, 2021 4:00 AM PT Claims of losses from cryptocurrency scams skyrocketed from October 2020 to March 2021, according to a report released Monday by the Federal Trade Commission. In its Consumer Protection Data Spotlight newsletter, the FTC revealed that during the October to March period nearly 7,000 consumers reported losing US$80 million. That compares to only 570 cryptocurrency scam reports amounting to $7.5 million in losses from October…

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Two-Thirds of CISOs Admit They’re Not Ready to Face a Cyberattack | Cybersecurity

Two-Thirds of CISOs Admit They’re Not Ready to Face a Cyberattack | Cybersecurity

By John P. Mello Jr. May 12, 2021 4:00 AM PT Two out of three global CISOs feel unprepared to cope with a cyberattack, according to an annual survey released Wednesday by a cybersecurity and compliance company. The 2021 edition of Proofpoint’s Voice of the CISO report — based on a survey of more than 1,400 CISOs in 14 countries — found 66 percent of the executives acknowledged their organizations were unprepared to handle a…

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Proofpoint’s Joe Sykora on Building Channel Sales Cultures

Proofpoint’s Joe Sykora on Building Channel Sales Cultures

Proofpoint’s Joe Sykora on Building Channel Sales Cultures Joe Sykora joins Channelnomics’ Changing Channels host Larry Walsh to talk about strategies and tactics for instilling in partners the imperative of selling persistently and consistently. The IT channel is, by definition, a route to market for selling and delivering technology goods and services to end customers. Partners are the conduit through which products flow. They influence and direct customer brand consideration and product purchasing decisions. And…

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IRS Warns of Fresh Fraud Tactics as Tax Season Starts

IRS Warns of Fresh Fraud Tactics as Tax Season Starts

Fraud Management & Cybercrime , Fraud Risk Management , ID Fraud Site Spoofing, Phishing Campaigns Proliferate Scott Ferguson (Ferguson_Writes) • February 19, 2021     As tax season begins, the Internal Revenue Service is warning that it’s seeing signs of fraudsters spoofing the agency’s domains and incorporating its logos and language into phishing campaigns. See Also: Live Webinar | The EVIL-Ution Of Ransomware In 2021-Top Protection Tips Meanwhile, security experts warn of other…

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Pirated Software Sites Deliver Fresh DanaBot Malware

Pirated Software Sites Deliver Fresh DanaBot Malware

Account Takeover Fraud , Fraud Management & Cybercrime , Fraud Risk Management Banking Trojan Hidden in Pirated Software Keys Akshaya Asokan (asokan_akshaya) • January 27, 2021     A cracked software site that hides the latest version of the DanaBot Trojan (Source: Proofpoint) Websites advertising pirated and cracked software are being used to deliver an updated version of the DanaBot banking Trojan, which can steal individuals’ online banking credentials, according to security firm Proofpoint. See…

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Fraudsters Are Using Google Forms to Evade Email Filters

Fraudsters Are Using Google Forms to Evade Email Filters

Business Email Compromise (BEC) , Cybercrime as-a-service , Fraud Management & Cybercrime Emails Are Likely a Reconnaissance Mission for Future Email Compromise Prajeet Nair (@prajeetspeaks) • January 23, 2021     An email with the attached Google Form, (Source: Proofpoint) Fraudsters are using Google Forms to target retail, telecom, healthcare, energy and manufacturing companies in an apparent reconnaissance campaign to identify targets for follow-up business email compromise attack. See Also: Rapid Digitization and Risk: A…

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COVID-19 Vaccine Themes Persist in Fraud Schemes

COVID-19 Vaccine Themes Persist in Fraud Schemes

Business Email Compromise (BEC) , COVID-19 , Fraud Management & Cybercrime Fraudsters Impersonate Vaccine Manufacturers, WHO, DHL Prajeet Nair (@prajeetspeaks) • January 18, 2021     A COVID-19 vaccine phishing landing page asking users to login with Office 365 credentials (Source: Proofpoint) Researchers at the security firm Proofpoint are tracking several fraud schemes leveraging COVID-19 vaccine-themed emails. See Also: The Evolution of Email Security The schemes include business email compromise scams, messages with malicious…

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