Legacy email security systems are failing, as more enterprises migrate their emails to the cloud and cyber-attacks become more professional and difficult to detect. Companies in all industries and government agencies simply are not moving fast enough to counter the increasingly sophisticated threats like business email compromise (BEC) and account takeover attacks.
For many, there are few things more satisfying than receiving an email confirmation for a flight just booked to a tropical location for a much-needed vacation. Most people love traveling, especially to favorite destinations or to explore new locales. The opposite of that feeling? The immediate pang of anxiety a consumer feels when getting a notification for a ticket that they in fact never purchased.
Cybercriminals have used email to scam more than $13 billion out of organizations since 2013, according to the most recent Internet Crime Report. Phishing is rising by the day, and despite advancing threat-detection technology, the problem is getting worse.
Every year, the Internet Crime Complaint Center, also known as IC3, publishes an annual report looking at the different types of internet-based crimes reported to the FBI. Over the last year, victims around the globe lost $2.71 billion to all types of cybercrime, which includes lottery scams, hacktivism, gambling fraud, malware, ransomware attacks, and tech support fraud, among others.
The April 15th deadline to file taxes in the United States is almost here, which means Tax Day phishing operations are in high gear. Impersonating the IRS is a year-round favorite tactic for cybercriminals. In fact, the IRS was the third most-impersonated brand in Q4 2018. But with the April 15th deadline on the horizon, criminals know that now is the perfect time to exploit anxiety, distraction, and time pressure to snare more victims.
With the 2019 tax season reaching full throttle, a volatile mix of conditions could fuel an unprecedented barrage of W-2 phishing scams through mid-April this year. For the businesses and employees who fall victim, the results can be disastrous.
W-2s, of course, are the IRS documents that United States businesses provide employees after the end of each year, documenting the employee's earnings, tax withholding, Social Security number, and address. The employee must include the information from the W-2 on their income tax returns.
If US-based companies don't start automating phishing incident response processes within their SOCs, they could be SOL, according to new data captured in our Q1 2019 Email Fraud & Identity Deception Trends Report.
Memo to hospitals and healthcare providers: A growing number of phishing scams are targeting consumers—including your customers and patients—through email messages that appear to come from your brand. As these attacks continue to rise in coming months, they could cost consumers—and your brand—plenty.
As the healthcare industry closes the books on 2018, it is still reeling from more than 327 major data breaches that exposed personal health information (PHI) on at least 9.8 million US citizens this past year.
Osterman Research has released a new industry report warning that many organizations will likely need to augment their Microsoft Office 365 implementations with best-in-class, third-party solutions—especially when it comes to advanced email threat protection.
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