Vishing isn’t the only type of phishing that digital fraudsters can perpetrate using a phone. Ubiquiti Networks Inc. The Abnormal Security report notes that many of the phishing emails in this campaign impersonate legitimate businesses and services and originate from compromised accounts, which the researchers did not list publicly. Registered office address: 27 Old Gloucester Street, Holborn, London, In the campaign that the Abnormal Security researchers uncovered, the fraudsters appear to have compromised hundreds of legitimate accounts to help craft realistic-looking emails. This leads to a domain hosted on the Joom, Weebly or Quip landing page, and the victim is then asked to click another link. Operation Phish Phry. Login credentials for online banking, webmail, or e-commerce sites are among the potential targets. What's more, a successful attack can allow a hacker the ability to gain even more data about a person, thereby allowing them to potentially ensnare other people in this victim's life. Barracuda researchers have seen a steady increase in the number of coronavirus or COVID-19-related spear-phishing attacks since January 2020, but they have observed a recent spike in this type of attack, up 667-percent since the end of February 2020. Crelan Bank was taken for $75.8M. Spear-phishing is a targeted attack designed to trick people into handing out information such as passwords. See all the new cybersecurity details for yourself, including the latest tactics used by scammers and the best practices to defend against evolving threats: How attackers are quickly adapting to current events and using new tricks to successfully execute spear phishing, business email compromise, pandemic-related scams, and other attacks McDonald’s and Walgreens this week revealed that data breaches at partner marketing firms had exposed customer information. Scammers are targeting businesses all the time, but here are a few examples of some high-profile attacks. This most recent spear-phishing attack is a reflection of attackers continuing to use innovative lures to convince victims to click on malicious links or attachments. Fraud Management & Cybercrime , Social Engineering, Researchers: Fraudsters’ Domains Created to Steal Office 365 Credentials Prajeet Nair (@prajeetspeaks) • December 16, 2020, Malicious domain designed to look like an Office 365 logon page (Source: Abnormal Security). See Also: Rapid Digitization and Risk: A Roundtable Preview. On January 19, 2016, this Dutch Bank released a statement (pdf, … Cybercriminals, hacktivists, and nation-state spy agencies have all been known to deploy the latest phishing attacks. Company Registration Number:11208508. If clicked, the second link directs the victim to the final phishing domain and asks the user to input their Office 365 credentials, which are then harvested by the fraudsters. A spear-phishing campaign detected earlier this month that uses messages that appear to originate with legitimate companies is targeting enterprise users in an effort to steal Microsoft Office 365 credentials, according to a report from Abnormal Security. Ullrich recently joined the CyberWire to discuss a recent spate of spearphishing attacks targeting the financial industry. © Copyright ITSecurity.Org Ltd Phishing attacks are on a rising spree since the organizations made a switch to digital forms of communication. Phishing attacks are getting harder to spot, especially as more attackers realize the value of targeted, well-crafted phishing attacks, according to Johannes Ullrich, the dean of research at the SANS Technology Institute. Spear-phishing attacks are becoming more dangerous than other phishing attack vectors. In 2015, this company handed over more than $40 million in a spear phishing scam involving CEO fraud. The phishing emails typically contain an embedded link that leads the user to what the researchers call “never-seen-before Microsoft Office 365 spear-phishing pages hosted on legitimate digital publishing sites such as Joom, Weebly and Quip.” So far, hundreds of these domains have been detected, according to the report. VAT Reg.299747227, Researchers: Fraudsters’ Domains Created to Steal Office 365 Credentials, SolarWinds Breach: ‘The Scale, the Scope, the Subtlety’, Information Security Policies & Standards, Security Awareness Training – Rebranded Security Training, All Security Design and Architectural Services, Security Appliance Design and Configuration, Penetration Testing – Our Penetration Test Services, Database Security – Databases and Repositories, Third-Party and Supplier Assurance Services, Third and Supplier Party Assurance Methodology, Third and Supplier Party Assurance Review, Rapid Digitization and Risk: A Roundtable Preview. Phishing involves tricking a target into submitting their ID, password, or payment card data to an attacker. 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