As technology advances, the battle between cyber criminals and organizations intensifies. Cyber threats have become more sophisticated, complex, and widespread, posing a significant risk to the security and integrity of sensitive data. In Q1 2023 alone, the number of global cyber attacks increased by 7%, with an average of 1,248 attacks reported per week. In a separate report by The Independent...

In Q2, phishing attacks targeting social media platforms increased more than 23%, according to Fortra’s PhishLabs. This is the greatest volume of attacks on social media in two years and puts the industry ahead of historically top targeted financial institutions.Every quarter, Fortra’s PhishLabs examines hundreds of thousands of phishing attacks targeting enterprises and their brands. In this post...

QBot dominated as the top payload in Q2 with more than 95% of reported volume, according to Fortra’s PhishLabs. This is the third consecutive quarter QBot has led all other malware varieties by a significant majority. QBot was also consistently reported as a top payload in 2022, falling second only to Emotet and Redline Stealer before its current streak.Email payloads remain the primary delivery...

Polymorphic and metamorphic malware constantly changes itself in order to avoid detection and persistently remain on the system. This adaptive behavior is the main distinctive attribute of these types of malware, which is also why they are harder to detect; it is also why they pose a great threat to systems. On the surface, the functionality of this sort of changing and mutating malware appears...

Threats in corporate inboxes hit new highs with a quarter of all reported emails classified as malicious or untrustworthy. 99% of these threats were email impersonation threats, such as BEC and credential theft lures, that lack attachments or URLs delivering malware payloads. Cybercriminals continue to bypass traditional email security tools and reach end users by impersonating individuals,...

In Q1, Credit Unions nearly surpassed Banking Institutions as the top targeted industry on the dark web. Just under 36% of stolen card data on dark web platforms was linked to Credit Unions, marking the fourth consecutive quarter the industry has seen an increase in malicious activity.Every quarter, Fortra’s PhishLabs analyzes hundreds of thousands of attacks targeting enterprises and our clients....

In Q1, the volume of emails classified as malicious or do not engage reached nearly a quarter of all reported emails. This is the highest combined volume of these categories since Fortra’s PhishLabs has documented this data point. Of those classified as malicious, threats considered email impersonation or, those lacking known signatures, made up a significant 98.7%.Every quarter, Fortra analyzes...

Free domain registrations used to stage phishing sites have experienced a significant drop in activity, contributing to just under 2% of phishing abuse in Q1. Free domain registrations and other no-cost means of staging phishing infrastructures are historically a favorite of threat actors. While no-cost methods as a whole did make up the majority of abuse in Q1, the decline in free domains can be...

Email impersonation is the fastest growing and most successful means of bypassing email security controls. In Q4 2022, the response-based and credential theft attacks that make up email impersonation reached their highest percentage of share of all email threat volume, contributing to more than 97% of attacks reported by end users.In this series, we look at the top email impersonation threats...

Email attacks using impersonation as their primary means of success are the top threats making it past Secure Email Gateways. These socially engineered messages have gradually increased in volume to overtake more malicious links or attachments typically used in payload campaigns targeting businesses.In this series, we look at the top email impersonation threats based on the reported volume in user...

QBot and Emotet payloads contributed to more than 93% of reported payload volume in Q1, according to Fortra’s PhishLabs. While QBot represented the majority of attacks, this is the first known activity by Emotet actors since 2022 and the largest spike in Emotet reports since Q2 of last year.Email payloads remain the primary delivery method of ransomware targeting organizations. PhishLabs’...

Business email compromise (BEC) is a dangerous type of email spoofing that targets businesses, aiming to damage them in some way. Overall, BEC “is one of the most financially damaging online crimes,” according to a joint Cybersecurity Advisory by the Federal Bureau of Investigation (FBI), the Food and Drug Administration Office of Criminal Investigations (FDA OCI), and the US Department of...

Ransomware and phishing are usually put in two separate categories when cyberattack methodologies are discussed. However, ransomware operators are increasingly leveraging phishing tactics to deploy their malicious payloads, and the potential for compromise is exponentiating as a result. Ransomware and Phishing - a match made in heaven Phishing is the number one delivery vehicle for ransomware...

The demand for Digital Risk Protection (DRP) is on the rise as cybercriminals are increasingly targeting businesses on channels outside the corporate firewall. According to Frost & Sullivan’s latest Frost Radar Global DRP Report, the traditional security perimeter has changed, and unlike phishing attacks that can be managed and mitigated through internal controls, these threats live on spaces not...