Page 9 - AccumeView June

Social Engineering

Cybercriminals targeting social media: Facebook and Instagram are becoming phishers’ favorites -
Social media phishing, primarily Facebook and Instagram, saw the highest quarter- over-quarter growth
of any industry with a 74.7 percent increase, according to the Vade Secure Phishers’ Favorites report for
Q1 2019. While Facebook has been in the top 10 since report’s inception, Instagram cracked the top 25
for the first time, taking the #24 spot on the Phishers’ Favorites list. With the headlines about Facebook
storing hundreds of millions of user passwords in plain text, and requiring some new users’ email
passwords in order to sign up, Vade Secure believes that hackers could have been taking advantage of
the confusion and concerns of Facebook users to lure them into clicking on phishing pages.
Source: https://www.helpnetsecurity.com/2019/05/03/social-media-phishing-increase/

Fraud via rogue apps exploded by 300 percent in just a few months - Digital scammers are stealing
victims’ personal information in new ways, preferring rogue mobile applications and account takeover
attacks after a generation of using phishing as their primary hacking technique. Fraud attacks from rogue
mobile applications increased by more than 300 percent, up to 41,313 incidents in the first quarter of
this year from 10,390 events in the fourth quarter of last year. The figure represents 50 percent of the
attacks detected in a fraud report released Wednesday by RSA, with phishing attacks making up 29
percent, trojan horses at 12 percent and brand abuse at 9 percent. Phishing attacks increased by less
than 1 percent from one quarter to the next.

Source: https://www.cyberscoop.com/app-fraud-on-the-rise-rsa-report/

Cybercriminals Favor Targeting Top Executives, Small Businesses, Money: Verizon Data Breach Report -
Verizon published last week the 12th edition of its Data Breach Investigation Report (DBIR) based on real-
world data from 41,686 confirmed security incidents and 2,013 data breaches spanning 86 countries
worldwide. One key takeaway: C-level executives are 12 times more likely to be the target of security
incidents and 9 times more likely to be the target of data breaches than in last year's report while the
growth of financial social engineering attacks targeting these business executives rose from single digits
to dozens in this year's report

Source: https://www.forbes.com/sites/jeanbaptiste/2019/05/11/cybercriminals-favor-targeting-
top-executives-small-businesses-money-verizon-data-breach-report/#7d48b56230e6

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