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🚨In an encouraging crackdown, 37 suspects have been arrested during a global sting against cybercrime platform LabHost, which facilitated widespread phishing attacks. The platform enabled cybercrooks to mimic over 170 official websites, including banks and government portals, leading to potential losses of $28M through stolen credentials. Further arrests are expected as the investigation continues. Read more: https://lnkd.in/d2zHjy_e Don’t let your business become a phishing victim. Check your risk today: https://lnkd.in/d-abZHJy #Cybercrime #Phishing #DMARC #EmailSecurity

🚨In an encouraging crackdown, 37 suspects have been arrested during a global sting against cybercrime platform LabHost, which facilitated widespread phishing attacks. The platform enabled cybercrooks to mimic over 170 official websites, including banks and government portals, leading to potential losses of $28M through stolen credentials. Further arrests are expected as the investigation continues. Read more: https://lnkd.in/d2zHjy_e Don’t let your business become a phishing victim. Check your risk today: https://lnkd.in/d-abZHJy #Cybercrime #Phishing #DMARC #EmailSecurity

Like this content? Follow us at: https://lnkd.in/gmm46hRq Ireland: a prime target for Cybercriminals with Phishing leading the charge Almost three quarters (71%) of Irish businesses suffered at least one cyber attack over the last 12 months. * WHAT ARE PHISHING SCAMS? Criminals use fake emails to trick people into revealing sensitive information, like passwords, credit card details, or bank accounts numbers. These scams can take your money or important information and even disrupt your business.

Business Email Compromise (BEC) have nearly $2.29 billion losses. These scams typically involve fraudsters compromising email accounts to authorize fraudulent fund transfers. How to Protect Against BEC: Multi-Factor Authentication (MFA): Implement MFA to secure email accounts. Training: Educate employees about phishing and spoofing attempts. Verification Protocols: Establish protocols for verifying financial transactions through direct communication rather than email. Visit our website to protect against cyber threats: https://hubs.li/Q02M3LSY0 #CyberThreats #ITVortex

💸 Financial services are in the crosshairs, with 20% of all FinServ ransomware attacks targeting banking institutions specifically. 🏦💥 From phishing scams to brute-force attacks, cybercriminals are ramping up their game to infiltrate banks’ digital vaults. Dive into the latest Trustwave SpiderLabs research to uncover the tactics behind these attacks and the steps needed to fortify defenses: https://hubs.ly/Q02PjsFY0

Guarding Your Crypto: How MultiversX’s 2FA is Changing the Game Against Phishing MultiversX’s #onchain2FAsolution, “The Guardians,” offers easy-to-use, secure protection for #cryptowallets against rising phishing threats. #MultiversX’s #MetaMaskSnap #cryptothreats https://lnkd.in/gASaQdV9

Inferno Drainer Malware Steals $87M By Posing As Coinbase: In a startling cybercrime saga that unfolded between November 2022 and November 2023, the notorious Inferno Drainer, operating under a scam-as-a-service model, managed to amass illicit profits exceeding $87 million. The sophisticated Inferno Drainer malware scheme involved the creation of over 16,000 malicious domains, employing advanced tactics to deceive unsuspecting users. The Elaborate Scheme of […] The post Inferno Drainer Malware Steals $87M By Posing As Coinbase appeared first on TuxCare. The post Inferno Drainer Malware Steals $87M By Posing As Coinbase appeared first on Security Boulevard. source https://lnkd.in/gsM5xvXf https://lnkd.in/ghiWcZh5

Mobile banking has become a popular convenience. However, it also presents new security challenges. Banks must ensure that their mobile apps are protected against malware, phishing, and other threats. Implementing multi-factor authentication, biometrics, and regular security updates is crucial. #RetailBanking #Cybersecurity #MobileBanking #SecurityBestPractices

The future is digital payments, but cyber threats are evolving fast. Watch out for fraudsters employing phishing, malware, and data breaches to compromise your transactions. #digitaltransaction #cyberthreats #payments Read the blog: https://lnkd.in/gGYjUTPm

Financial services are in the crosshairs of cyberattacks, with 20% of all FinServ ransomware attacks targeting banking institutions specifically. From phishing scams to brute-force attacks, cybercriminals are ramping up their game to infiltrate banks’ digital vaults. Dive into the latest Trustwave SpiderLabs research to uncover the tactics behind these attacks and the steps needed to fortify defenses: