Threat Background & HistoryBeginning in the first half of 2022, Fortra has monitored a significant ongoing upward trend in fraud activity originating from various Phishing-as-a-Service (PhaaS) operations. Some of these services have thrived, while the popularity of others has diminished. One PhaaS operation that has notably been present throughout the past two years is known as Strox (aka Strox.su...

According to Forta’s Phishlabs, credit unions became the top targeted industry on the dark web in Q2, surpassing banking institutions for the first time since we began reporting on this data in 2021. Financial institutions as a whole experienced the vast majority of abuse, with compromised credit card data leading all threat types on the dark web.Every quarter, Fortra’s PhishLabs analyzes hundreds...

Impersonating an organization’s domain can be a lucrative business for cybercriminals. Fortra’s 2023 Domain Impersonation Report found that the average brand is targeted by 40 look-alike domains per month. The two common types of domain impersonation are look-alike domains and email spoofing.

In the ever-evolving landscape of cybercrime, look-alike domains remain a constant component in the vast majority of threats. Look-alike domains or, URLs that resemble those of a legitimate brand, can cause significant damage to brand reputation by way of fraudulent websites, phishing schemes, malware distribution, and more. Original research conducted by Fortra’s PhishLabs analyzes how look...

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....