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According to security researchers at Abnormal Security, Microsoft Teams has been hit by two separate attacks targeting as many as 50,000 users. The campaigns reportedly aim to phish Office 365 logins. The cyberattacks impersonate notifications from Microsoft Teams in order to prompt the victim to enter login credentials, which are then harvested through malicious and fraudulent notifications.

Microsoft Teams Impersonation Attacks Flood Inboxes

Abnormal Security, a leader in protecting large enterprises from Business Email Compromise (BEC) attacks, today introduced VendorBase, a global, federated database that tracks the reputations of an organization’s vendors and customers, and improves detection accuracy of advanced social engineering attacks.

Abnormal Security Enhances Detection of Business Email Compromise (BEC) Attacks in Cloud Email Security Platform

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Abnormal Security, a leader in protecting large enterprises from Business Email Compromise (BEC) attacks, introduced VendorBase, a global, federated database that tracks the reputations of an organization’s vendors and customers, and improves detection accuracy of advanced social engineering attacks.

With VendorBase, the Abnormal Cloud Email Security platform aggregates communication in one place to provide customers deeper insight and visibility into a vendor’s reputation and transactions.

Abnormal Security launches VendorBase to help orgs reduce supply chain cybersecurity risk

Cybercriminals have launched a new series of phishing attacks which attempt to steal the account credentials of Cisco Webex users by utilizing fake certificate error warnings. Just as other video conferencing software has seen a huge uptick in usage by remote workers during the pandemic, so to has Cisco's video and team collaboration solution.

Cisco Webex phishing attack wants to steal your logins

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LogMeIn users are being targeted with fake security update requests, which lead to a spoofed phishing page.“Should recipients fall victim to this attack, their login credentials to their LogMeIn account would be compromised. Additionally, since LogMeIn has SSO with Lastpass as LogMeIn is the parent company, it is possible the attacker may be attempting to obtain access to this user’s password manager,” Abnormal Security noted.

Beware of phishing emails urging for a LogMeIn security update

LogMeIn users are being targeted with fake security update requests, which lead to a spoofed phishing page.“Should recipients fall victim to this attack,…

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LogMeIn users are being targeted with fake security update requests, which lead to a spoofed phishing page.“Should recipients fall victim to this attack, their login credentials to their LogMeIn account would be compromised. Additionally, since LogMeIn has SSO with Lastpass as LogMeIn is the parent…

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LogMeIn users are being targeted with fake security update requests, which lead to a spoofed phishing page.

“Should recipients fall victim to this attack, their login credentials to their LogMeIn account would be compromised. Additionally, since LogMeIn has SSO with Lastpass as LogMeIn is the parent company, it is possible the attacker may be attempting to obtain access to this user’s password manager,” Abnormal Security noted.

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100+ Top Artificial Intelligence Companies 2023

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Recent history shows holiday weekends and vacations provide an attack surface bonanza for threat actors.

Ahead of summer holiday weekends, IT security leaders brace for deliberate cyber mischief

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Even though nearly three-quarters of business email compromise attacks during the past year have emerged from Nigeria, Israel has been gaining traction as a base for sophisticated BEC campaigns.

Israel-based BEC attacks on the rise

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Abnormal Security is tracking cybercriminals from an unusual location for business email compromises who are using sophisticated spoofing to spur payments for fake acquisitions.

Israel-based threat actors show growing sophistication of email attacks

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A BEC group has been spotted in Israel. It’s crafting fake messages in multiple languages and impersonating real company bosses to hoodwink target companies out of more than ten times the average amount for payment fraud attacks.

Israel BEC group is so good at robbing big firms it only needs to work part time

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The cybercrime industry is evolving tremendously, and CISOs need to have stringent practices to keep their IT infrastructure secure against sophisticated cyber threats and risks. IT Security Wire interviewed Mike Britton, CISO, Abnormal Security, to understand today’s threats and the best ways to stay secure.

Modern Cyber Threat Landscape and Ways to Stay Secure

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The group, identified by Abnormal Security, targets multinational firms using email display name spoofing and multiple fake personas.

Israeli threat group uses fake company acquisitions in CEO fraud schemes

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A BEC campaign has been tracked to a threat group in Israel, an unlikely genesis for a cyberattack of any kind, Abnormal Security said in a new report.

Widespread Email Ruse Launched from Israel, an Unlikely Source in Moneygrab

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Researchers at Abnormal Security discovered an Israel-based threat group carrying out a BEC campaign primarily targeting large and multinational enterprises with an average annual revenue of over $10 billion.

BEC Campaign via Israel Spotted Targeting Large Multinational Companies

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The report reveals how an emerging threat group employs a multi-phased BEC attack with an M&A theme to steal  from multinational enterprises

New Research from Abnormal Security Shows the Rise of Business Email Compromise Attacks Sent from Israel

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Abnormal Security has announced the results of a new ESG survey, revealing that more than two-thirds of IT and security leaders are concerned that attackers are leveraging communication and collaboration channels beyond email to evade security controls.

Email is Not the Only Channel Open to Attack

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Artificial intelligence presents a unique proposition to the cybersecurity industry given its ability to be used by cybercriminals, but also by enterprises to combat that very threat.

Cybersecurity and the duality of AI

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<p>Exploring the Rise of Israel-Based BEC Attacks </p>

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Abnormal’s latest report on business email compromise trends and statistics finds that employees open 28% of attacks and reply to 15% of them.

H1 2023: “Read” Alert: Data Shows 28% of BEC Attacks Opened by Employees

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Learn how investing in Abnormal Security can yield a 278% ROI within 3 years and help your organization avoid $4 million in losses from BEC.

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