Social media networks have now overtaken shipping, retail and technology as the category most likely to be targeted by criminal groups, according to Check Point.
With the number of cyberattacks faced by enterprise organizations, security teams need to rely on artificial intelligence to mitigate risk. However, a fully automated approach to cybersecurity presents challenges as well.
Whaling, highly targeted social engineering attacks aimed at senior executives, as well as executive impersonations, have seen an increase of 131% between Q1 2020 and Q1 2021, according to GreatHorn.
Throughout 2020, the COVID-19 pandemic created something of a new playground for hackers. In response, many institutions fortified cybersecurity systems and fast-tracked digital transformation initiatives. But what does the landscape for cybersecurity and the evolution of threats look like in 2021?
We don’t have a crystal ball, but here are five cybersecurity trends to watch out for in the new year.
Social engineering is a term that refers to efforts by hackers and cybercriminals to use people — rather than technology — to gain access to sensitive systems and information. It’s a problem that information security experts have been wrestling with for years and one that, in the midst of COVID-19, has become both more prevalent and more challenging.
One type of social engineering attack is the personalized-message, which often ends up in the hands of the CEO or another executive who would have access to sensitive files and information. Until recently, email was the dominant medium by a wide margin. However, recently, attackers have started to move to social media and text messages. What can you do about it?
Attacks within digital communications channels (like Slack, TEAMS, Twitter, Facebook, LinkedIn) have grown more targeted, more social engineering-focused, and the payloads have become "softer,” and the risks are not in files and links/IP's alone anymore. Instead, recent attacks are laser-targeted and evade traditional detection by focusing on human connections. To find out more about these “soft attacks,” we talk to Otavio Freire, CTO, President & Co-Founder SafeGuard Cyber.
