Tag: Business Email

Microsoft Detects Growing Use of File Hosting Services in Business Email Compromise Attacks
News

Microsoft Detects Growing Use of File Hosting Services in Business Email Compromise Attacks

Microsoft is alerting users to cyberattack operations that take advantage of trusted file hosting services—like Dropbox, OneDrive, and SharePoint—that are frequently utilized in business settings as a means of getting around security measures. The campaigns' diverse and wide-ranging objectives enable threat actors to carry out business email compromise (BEC) assaults, compromise identities and devices, and eventually cause financial fraud, data exfiltration, and lateral movement to other endpoints. An increasingly common risk vector used by adversaries to blend in with legitimate network traffic is the weaponization of legitimate internet services (LIS). This allows adversaries to often get by standard security measures and makes attribution attempts more difficult read more about M...
Microsoft Warns of Increase in Business Email Compromise Attacks
News

Microsoft Warns of Increase in Business Email Compromise Attacks

New research from Microsoft alerts businesses to the worrisome rise in business email compromise (BEC) assaults and the changing strategies used by cybercriminals. According to the Cyber Signals study, "The Confidence Game," which offers a thorough overview of the threat landscape from April 2022 to April 2023, the business's systems presently detect and look into an average of 156,000 BEC attacks every day. Over the previous four years, there has been a 38% increase in these attacks. Microsoft's research indicates that attackers are increasingly using tools like BulletProftLink to plan extensive malicious email campaigns read more Microsoft Warns of Increase in Business Email Compromise Attacks. With ReconBee.com Stay ahead of the latest threats with in-depth coverage of cyber a...