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Weekly INK

Each week we compile an advisory on the latest threats, trends and newsworthy topics from the cyber security industry affecting small and medium enterprises. Join our subscribers below and help us prevent cybersecurity breaches.

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Issue #6 - August 8, 2022

ISMG Editors: Ransomware Groups Aiming for Smaller Targets

Source: Data Breach Today

Also: BEC Attack Headaches and Inside the Nomad Bridge Hack

In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity and privacy issues, including key takeaways from ISMG's recent Government Summit, how hackers siphoned nearly $200 million from cryptocurrency bridge Nomad and how midsized businesses are the new frontier for ransomware demands.




Twilio Customer Data Breached via SMS Phishing of Employees

Source: Data Breach Today

'Reset Your Password' SMS Messages Tricked Customer Engagement Platform Employees. What begins with "the security of our customers' data is of paramount importance" and ends with a pledge "to help impacted customers in every way possible"?




How To Reduce Authorized Payment Fraud

Source: Data Breach Today

David Lott of Atlanta Federal Reserve on What Makes These Scams Hard to Detect. What makes authorized payment scams hard to detect? David Lott, payments risk expert with the Federal Reserve Bank of Atlanta, says the speed and volume of transactions hinders banks in monitoring for fraud, which makes criminals very happy.




Ransomware Leak Site Listings Invite Follow-On Attacks

Source: Data Breach Today

Victims Often Attacked Simultaneously by Multiple Ransomware Groups. Being listed on a ransomware leak site isn't just embarrassing - it may also be an invitation for a follow-up attack by other ransomware gangs betting that the original vulnerability has gone unpatched.


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