Phishing

A new TransUnion report found that fraud attempts on financial services increased by more than 27% year over year in the United States, making it one of the five sectors to experience the greatest leap in fraudulent plays.

The "Phisher's Favorite" report by cybersecurity firm Vade also found that financial services was the most impersonated industry.

Threat actors have launched a massive phishing campaign using fake account suspension alerts targeted at Citibank customers in an effort to exfiltrate sensitive personal information.

Security researchers at software company Egress say board members are often willing to take the gamble, wrongly thinking that cyber insurance will take care of the problem.

Email cybersecurity firm Avanan said it has seen a sudden and significant uptick in Russian-based phishing attacks and credential harvesting over the past few days targeting U.S. and European customers.

Security researchers says these phishing activities are potentially the start of much more disruptive or degrading attacks on the Ukrainian military.

TrickBot, a longtime financial malware, has again come to the fore, targeting large U.S. financial institutions, including Bank of America and Wells Fargo & Co.

Kaspersky researchers say they blocked more than 8,000 business email compromise (BEC) attacks in Q4 of 2021, many of them large-scale events or so-called BEC-as-a-Service attacks.