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...

While there are an estimated 30,000 daily cyber attacks on business websites, there are roughly ten times as many attacks against social media accounts every single day, equating to roughly 1.4 billion accounts every month. Social media attacks and scams have become pervasive problems, with threat actors finding innovative new ways to deceive users and steal their information. While social media...

The US healthcare sector continues to be aggressively targeted by ransomware operators. Royal and BlackCat are two of the more recent – and highly sophisticated – ransomware threats. These two new flavors of ransomware pose serious potential impacts on the healthcare sector, but there are appropriate mitigation and defense strategies that organizations can take to protect against them. What is...

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...

Social media attacks targeting businesses have jumped 12.2% in Q1 from the previous quarter, according to Fortra’s PhishLabs. Attacks on social channels are also trending higher than Q1 2022, with the average business experiencing more than 81 attacks per month. External platforms, such as social media , are widely used by cybercriminals to engage in fraud and distribute misinformation...

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, PhishLabs...

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...

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...

In Q4, Dark Web activity targeting Credit Unions reached its highest count in five consecutive quarters, according to Fortra’s PhishLabs. Attacks on Credit Unions jumped significantly during the second half of 2022, with threat actors advertising stolen card data from these institutions almost as frequently as National/Regional Banks. Data tied to financial institutions is considered especially...

Social media attacks targeting organizations closed out 2022 nearly 19% higher than Q4 of 2021, according to Fortra’s PhishLabs. Social platforms continue to act as a hotbed for malicious activity, leaving organizations of all sizes vulnerable to impersonation and abuse. As of Q4, businesses can expect an average of 72.54 attacks on social media per month. PhishLabs analyzes hundreds of thousands...

In Q4, Response-Based phishing attacks were the top reported threat by end users, according to Fortra’s PhishLabs. While threats categorized as Credential Theft and Malware continue to bypass even the top secure email gateways, this is the second consecutive quarter where Response-Based attacks have led all categories. Response-Based attacks typically lack malicious indicators and instead rely...