Tag Archives: phishing

Phishing vs Vishing: The Verbal Challenge – E

Phishing vs Vishing: The Verbal Challenge

Varun Kapoor *

As cyber crime explodes globally, new and challenging types of crime terms and names are emerging almost daily in public space. If being safe and secure in the virtual space was not a problem enough, citizens today have to deal with this increasingly vexatious terminology and trying to decipher.

First of all they have to figure out what all this cyber-computer related jargon really means and then they have to undertake the onerous task of safeguarding themselves from its evil tentacles. This

sometimes proves to be an almost impossible task and before the poor citizens can get an idea what the crime connected to the name is, they have already become victims of it.

Another challenging feature is that each day a new cyber crime with a new techno-challenging-logic-defying name hits the society. How many and how often will

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MHA appoints an inter-ministerial body to check cyber crime and phishing

Its Tax Time – Alert Your HR and Payroll Teams About W2 Phishing Scams

Last February, the IRS issued a warning to all employers regarding the resurgence of a W-2 based cyber scam. The scam, which targets businesses during tax season, was also “spreading to other sectors, including school districts, tribal organizations and nonprofits.” In August 2017, the IRS renewed its warning to tax professionals and businesses as part of its “Don’t Take the Bait” campaign. In October, the IRS reminded the public about its procedures for reporting successful or failed attempts. With the tax season quickly approaching, it’s worth re-visiting how an employer can fall prey to this scam, describing how they can avoid it, suggesting they have a response plan in case they are a victim.

The cyber-scam consists of an e-mail sent to an HR or Accounting department employee, presumably from an executive or “higher-up” within the

Read more at: https://www.lexology.com/library/detail.aspx?g=a5fba6f1-57ea-4acb-8b0e-7cecbe492632

Its Tax Time – Alert Your HR and Payroll Teams About W2 Phishing …

Last February, the IRS issued a warning to all employers regarding the resurgence of a W-2 based cyber scam. The scam, which targets businesses during tax season, was also “spreading to other sectors, including school districts, tribal organizations and nonprofits.” In August 2017, the IRS renewed its warning to tax professionals and businesses as part of its “Don’t Take the Bait” campaign. In October, the IRS reminded the public about its procedures for reporting successful or failed attempts. With the tax season quickly approaching, it’s worth re-visiting how an employer can fall prey to this scam, describing how they can avoid it, suggesting they have a response plan in case they are a victim.

The cyber-scam consists of an e-mail sent to an HR or Accounting department employee, presumably from an executive or “higher-up” within the

Read more at: https://www.lexology.com/library/detail.aspx?g=a5fba6f1-57ea-4acb-8b0e-7cecbe492632

It’s Tax Time – Alert Your HR and Payroll Teams About W2 Phishing Scams

Last February, the IRS issued a warning to all employers regarding the resurgence of a W-2 based cyber scam. The scam, which targets businesses during tax season, was also “spreading to other sectors, including school districts, tribal organizations and nonprofits.” In August 2017, the IRS renewed its warning to  tax professionals and businesses as part of its “Don’t Take the Bait” campaign. In October, the IRS reminded the public about its procedures for reporting successful or failed attempts. With the tax season quickly approaching, it’s worth re-visiting how an employer can fall prey to this scam, describing how they can avoid it, suggesting they have a response plan in case they are a victim.

The cyber-scam consists of an e-mail sent to an HR or Accounting department employee, presumably from an executive or “higher-up” within the organization. Both the TO and FROM e-mail addresses are legitimate internal addresses, as are the “sender” and recipient names. The fake e-mail

Read more at: https://www.natlawreview.com/article/it-s-tax-time-alert-your-hr-and-payroll-teams-about-w2-phishing-scams

IBM’s Quad9 DNS system will block botnets and phishing attacks

IBM HAS PARTNERED with the Global Cyber Alliance (GCA), an organisation founded by law enforcement and research firms to help reduce cyber-crime, to launch a free public Domain Name Service (DNS) system.

While that might not sound so fascinating, the interesting thing is that the new DNS system, named Quad9, will block domains associated with botnets, phishing attacks, and other malicious internet hosts. This is especially good news for businesses that don’t run their own DNS blacklisting and whitelisting services, as it will make them much safer.

Quad9, which is named as such du to its 9.9.9.9 Internet Protocol address, works in the same way as any other public DNS server, such as Google’s, but the difference is it won’t return name resolutions for sites that are identified via threat feeds the service aggregates daily.

“Anyone, anywhere can use it,” said GCA’s president and chief operating officer, Phil Rettinger, Read more at: https://www.theinquirer.net/inquirer/news/3021536/ibm-teams-with-global-cyber-alliance-to-launch-quad9-a-free-public-domain-name-service-system

This phishing attack pretends to come from someone you trust

Video: Google is the most-spoofed site for phishing campaigns

A wave of cyberattacks is targeting organisations’ financial departments with a social engineering and phishing campaign designed to trick victims into downloading credential-stealing malware and other threats.

Detailed by researchers at Barracuda Networks, the invoice

Read more at: http://www.zdnet.com/article/this-phishing-attack-pretends-to-come-from-someone-you-trust/

"Phishing" Is A Common Type of Cyber Crime – 91.5 KIOS

On this next-to-the-last day of Cyber Security Awareness Month, we look at one type of cyber crime that has become more sophisticated over the years – phishing.  

This is when a cyber criminal pretends to be somebody else in order to get information from you. The Federal Trade Commission says phishing e-mails will often include the trusted logo of an actual company.

Jon Larsen, Systems Engineer at the AIM Institute in Omaha, says the harm from clicking on a link in a “phishing” e-mail can be considerable.

“If you click on the link, it might be taking you to a site that looks like your bank — and if you’re entering in,  it makes it look like your log-in page,

Read more at: http://kios.org/post/phishing-common-type-cyber-crime

FactFinder 12: Scammers target companies through ‘phishing’ emails

WICHITA, Kan. In March 2016, a Wichita Regional Chamber of Commerce employee sent off employee W-2’s to a scammer pretending to be the chamber’s president in an email.

Last December, a Sedgwick County employee paid more than $500,000 after a scammer sent an email, pretending to be a vendor.
And just last month, Butler County had to limit its service because of a ransomware attack on its computer network. Ransomware is often spread through spam and phishing.

From what we know about these cases, all of these appear to be examples of email phishing. They might seem like no-brainers to you. But would you fall for scams like these? We put one Wichita company to the test to see if its employees would take the bait.

Inside the Friends University Cyber Security lab, you can watch a phishing attack in progress.

“So the

Read more at: http://www.kwch.com/content/news/FactFinder-12-Scammers-target-companies-through-phishing-emails-453772483.html

From Malware to Phishing: The Finance Professional’s Guide to Cyber Crime

 

Social Engineering. Related to phishing, but more sophisticated, is social engineering. Here, instead of pursuing targets over digital channels, the attacker appeals directly to the person at the other end, via a phone call or face-to-face, using psychological tricks and intimidation.

The famous “Nigerian Prince” email is an example of “spear-phishing” – an email-based social engineering attack intended to open up a direct channel of communication to an individual, before using traditional con-artist tricks to gain access to money or sensitive information.

Today, attackers are getting more sophisticated and targeted – for instance, a target might receive an email or a phone call from someone pretending to be a senior executive demanding valuable account information.

As many as 60% of companies were affected by social engineering attacks in 2016. And recently, even the White House fell victim to an email scam. 

Read more at: https://www.cfoinnovation.com/story/13780/malware-phishing-finance-professional%E2%80%99s-guide-cyber-crime