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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. The fraudsters appear to have compromised hundreds of legitimate accounts to help craft realistic-looking emails, the researchers say.

Recent Spear-Phishing Attacks Originate From Legit Accounts

Recent spear-phishing campaigns are again targeting Microsoft Office 365 users in an effort to steal user credentials, while one campaign spoofs Microsoft Exchange Online Protection (EOP), according to recent reports from IRONSCALES and Abnormal Security. Nearly 200 million O365 users across the globe and particularly in the healthcare, insurance, financial services, manufacturing, utilities, and telecom sector.

Phishing Campaigns Targeting Office 365 Credentials, Spoofing Exchange

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A recently uncovered phishing campaign is spoofing messages from the New York State Department of Labor, claiming to offer $600 as part of a COVID-19 relief program, according to researchers at Abnormal Security. The goal is to harvest personally identifiable information.

Phishing Email Campaign Uses Updated COVID-19 Theme

Scammers are impersonating New York State's Department of Labor to steal personal information from state residents seeking to claim money from a COVID relief fund. Targets are sent an email bearing the state logo that appears to come from “noreply@labor.ny.gov.” The email states that by activating their account, the recipient will receive $600 in pandemic aid.

Phishers Spoof New York Department of Labor

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A new scam using an IRS form as its mechanism has been found targeting users of Google's G Suite, with as many as 50,000 executives and "important" employees affected so far. The campaign, discovered and reported by researchers at Abnormal Security, claims to contain an IRS W-8BEN form in PDF format.

New IRS Form Fraud Campaign Targets G Suite Users

A new scam using an IRS form as its mechanism has been found targeting users of Google's G Suite, with as many as 50,000 executives and "important"…

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A new scam using an IRS form as its mechanism has been found targeting users of Google's G Suite, with as many as 50,000 executives and "important" employees affected so far. The campaign, discovered and reported by researchers at Abnormal Security, claims to contain an IRS W-8BEN form in PDF…

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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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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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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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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

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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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

New Survey from ESG Reveals Trends Shaping Communication and Collaboration Application Security

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Here’s a look at the most interesting products from the past month, featuring releases from Abnormal Security and others.

Infosec products of the month: April 2023

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Abnormal Security unveiled three new products during RSA Conference, adding new threat detection capabilities for Microsoft Teams, Slack and Zoom.

Ten coolest cybersecurity startups at RSA 2023

Here’s a look at the most interesting products from the past week, featuring releases from Abnormal Security, Arista Networks, Cyera,
Eclypsium, Halo Security, Immuta, ManageEngine, and Traceable AI.

New infosec products of the week: April 28, 2023

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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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