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Threat actors are sending phishing emails impersonating a Small Business Administration (SBA) lender to prey on US business owners who want to apply for a Paycheck Protection Program (PPP) loan to keep their business going during the COVID-19 crisis. PPP allows businesses to apply for an SBA loan designed to help them keep their workforce employed throughout the current pandemic.

Phishing campaign lures US businesses with fake PPP loans

While SolarWinds has garnered much of the attention following disclosure of a sophisticated nation-state attack, companies are asking about the role of Microsoft Office 365 in the compromise. Larger questions persist about the overall security of one of the world's largest email and productivity applications.

SolarWinds fallout turns security eye to Microsoft Office 365

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Abnormal Security, a next-generation cloud email security company, today released a new threat research report that reveals an 82% increase in the chance of companies getting attacked through SolarWinds-style vendor email compromise (VEC) during any given week

Risk of SolarWinds-Style Attacks Through Vendor Email Compromise Increased 82%, Abnormal Threat Research Report Reveals

Abnormal Security, a next-generation cloud email security company, today released a new threat research report that reveals an 82% increase in the chance of companies getting attacked through SolarWinds-style vendor email compromise (VEC) during any given week. The company also found that these attacks can be very costly as it recently detected and stopped a $1.6M VEC attack.

Abnormal Security: Risk of SolarWinds-Style Attacks Through Vendor Email Compromise Increased 82%

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Abnormal Security provides advanced email security to prevent credential phishing, business email compromise, account takeover, and more.

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The supply chain attack involving SolarWinds software last year has caused ripples throughout the cybersecurity industry, not least because it went undetected for nine months. The attack was able to bypass traditional email security by exploiting trusted communications routes between vendors and customers. A worrying new report from Abnormal Security shows that this technique is becoming a mainstream attack vector.

SolarWinds-style email compromise attacks go mainstream

The supply chain attack involving SolarWinds software last year has caused ripples throughout the cybersecurity industry, not least because it went…

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The supply chain attack involving SolarWinds software last year has caused ripples throughout the cybersecurity industry, not least because it went undetected for nine months. The attack was able to bypass traditional email security by exploiting trusted communications routes between vendors and…

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https://abnormalsecurity.com/about/news/solarwinds-style-email-compromise-attacks-go-mainstream

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Preventing Criminals From Using AI for Cybersecurity Attacks

Abnormal Security’s CEO explains how ‘defensive A.I.’ will someday defeat cyber attacks

New study: Threat actors harness generative AI to amplify and refine email attacks

Generative AI Could Revolutionize Email—for Hackers

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Discover why traditional secure email gateways are no longer sufficient protection from modern attacks in this kit full of multiple resources.

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B 08 01 23 MKT324 H2 2023 Email Threat Report

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The latest threat report shows that 37.5% of all applications request high-risk permissions—putting your email environment in danger.

H2 2023 - Applications Abound:  Average Organization Now Integrates 379 Third-Party Applications with Email

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Discover how cybercriminals use generative AI tools like ChatGPT to create more effective email attacks and how to protect your organization from them.

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See how generative AI is changing the threat landscape by determining if these email attacks are created by a human or by ChatGPT.

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SolarWinds-style email compromise attacks go mainstream

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