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Executive Attacks on Social Media Hit All-Time High as Analysts Point to AI

Executive impersonation on social media is at an all-time high as threat actors take advantage of AI to improve and scale their attacks. In Q3, accounts pretending to belong to high-ranking executives on social media climbed to more than 54% of total impersonation volume, surpassing brand attacks for the first time since Fortra began tracking this data. The volume and composition of these attacks...
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Dark Web Threats Targeting the Airline Industry

The allure of airline status and points, along with the abundance of personally identifiable information (PII) of customers and employees, make the airline industry a prime target for threat actors on the dark web. Depending on the goal of the actor and the nature of the stolen data, criminals can find airline-specific materials for sale on a variety of markets. Nick Oram, security operations...
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LastPass Fortra's PhishLabs Partnership: A Focus on Proactive Customer Protection Pays Off in 2023

As we approach the end of the year, LastPass Labs has reviewed the last 12 months to take account of the threat environment and how it has changed, as well as our accomplishments. Throughout 2023, the Threat Intelligence, Mitigation, and Escalations (TIME) team focused on rapidly expanding our capabilities to protect our customers from phishing sites and/or infostealers. A major part of this...
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Dark Web Attacks on Credit Unions Exceed All Other Industries in Q2

According to Forta’s Phishlabs, credit unions became the top targeted industry on the dark web in Q2, surpassing banking institutions for the first time since we began reporting on this data in 2021. Financial institutions as a whole experienced the vast majority of abuse, with compromised credit card data leading all threat types on the dark web. Every quarter, Fortra’s PhishLabs analyzes...
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Social Media Attacks Targeting Banks See Greatest Increase Since 2021

Banks were targeted on social media more in Q2, after the largest spike in activity since 2021, according to Fortra’s PhishLabs. While cybercriminal focus on financial institutions remains high, the average number of social media attacks per business, per month in 2023 is trending lower than in 2022. In Q2 specifically, businesses experienced nearly 18 fewer attacks on social channels on average...
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Common Social Media Scams and How to Avoid Them

While there are an estimated 30,000 daily cyber attacks on business websites, there are roughly ten times as many attacks against social media accounts every single day, equating to roughly 1.4 billion accounts every month. Social media attacks and scams have become pervasive problems, with threat actors finding innovative new ways to deceive users and steal their information. While social media...
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Dark Web Focus on Credit Unions Increases in Q1

In Q1, Credit Unions nearly surpassed Banking Institutions as the top targeted industry on the dark web . Just under 36% of stolen card data on dark web platforms was linked to Credit Unions, marking the fourth consecutive quarter the industry has seen an increase in malicious activity. Every quarter, Fortra’s PhishLabs analyzes hundreds of thousands of attacks targeting enterprises and our...
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Social Media Attacks Targeting Banks and Retail Climb in Q1

Social media attacks targeting businesses have jumped 12.2% in Q1 from the previous quarter, according to Fortra’s PhishLabs. Attacks on social channels are also trending higher than Q1 2022, with the average business experiencing more than 81 attacks per month. External platforms, such as social media , are widely used by cybercriminals to engage in fraud and distribute misinformation...
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Top Fraudulent Activity Targeting Retail on the Dark Web - Part Two

The dark web is a haven of stolen goods and data, and limited visibility into activity targeting your brand leaves organizations at risk. Malicious behavior takes many forms, and a lack of understanding of what or how an asset is exposed on underground channels can lead to brand damage and financial loss. Detecting stolen data on the dark web is demanding, as navigating volatile marketplaces can...
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Top Fraudulent Activity Targeting Retail on the Dark Web

Bad actors use the dark web to exchange compromised data and goods anonymously, often unnoticed by the victim organization. Malicious activity can manifest in many ways on underground channels and, because of the technical obstacles associated with accessing the dark web, visibility can be limited, making it difficult to know which assets might be at risk. If sensitive information is left...
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Stolen Credit Union Data on Dark Web Hits High in Q4

In Q4, Dark Web activity targeting Credit Unions reached its highest count in five consecutive quarters, according to Fortra’s PhishLabs. Attacks on Credit Unions jumped significantly during the second half of 2022, with threat actors advertising stolen card data from these institutions almost as frequently as National/Regional Banks. Data tied to financial institutions is considered especially...
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Impersonation Represents the Top Social Media Threat in Q4

Social media attacks targeting organizations closed out 2022 nearly 19% higher than Q4 of 2021, according to Fortra’s PhishLabs. Social platforms continue to act as a hotbed for malicious activity, leaving organizations of all sizes vulnerable to impersonation and abuse. As of Q4, businesses can expect an average of 72.54 attacks on social media per month. PhishLabs analyzes hundreds of thousands...
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How to Recognize and Respond to Emerging Social Media Cybersecurity Threats

Facebook. Twitter. Instagram. LinkedIn. YouTube. Pinterest. Mastodon. The list goes on. Whether you love or loathe social media, these platforms have become integral to how we communicate as individuals and businesses. Cybercriminals have also taken note, embracing these communication channels wholeheartedly to reach vast audiences quickly, anonymously, and cheaply, successfully defrauding targets...
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Financials and Card Data Top Q3 Targets on the Dark Web

In Q3, Credit Unions nearly overtook National Banks as the top targeted industry on the Dark Web, according to recent data from Fortra’s PhishLabs. Credit Unions have been increasingly targeted on underground channels, with Q3 2022 representing the highest incident count for the industry in four consecutive quarters. Compromised data associated with Financial Institutions as a whole is...
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Attacks Targeting Businesses on Social Media Jump 40% YoY

In Q3, the volume of social media attacks targeting the average business was 40.4% higher than the same time last year, according to the latest data from Fortra’s PhishLabs. Social media attack volume has grown significantly year-over-year with the average business in 2022 experiencing 84.5 malicious incidents per month versus 50.59 in 2021. Fortra analyzes hundreds of thousands of social media...
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Social Media Mitigation Best Practices for All Financial Institutions

The financial industry continues to experience the largest volume of abuse among all industries on social media. In Q3 banks, credit unions, and other F.I.’s contributed to nearly three-quarters of all attacks on social platforms, with national banks alone more than tripling the volume of the top targeted non-financial, retail. The top threats to financial institutions on social media consist of...
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Chat-Based Services, Finance, Heavily Abused on the Dark Web in Q2

Nearly half of stolen data on the Dark Web was marketed through Chat-Based Services in Q2 after a sharp increase in illegal transactions, according to the Agari and PhishLabs Quarterly Threat Trends & Intelligence Report . The advertisement and exchange of stolen information on the Dark Web is volatile due to the constant threat of disruption or seizure by authorities. Often, when one site is...
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Fraud, Impersonation Fuel Q2 Increase in Social Media Attacks

In Q2, malicious attacks targeting organizations on social media have increased more than 20% over Q1, according to the latest Agari and PhishLabs’ Quarterly Threat Trends & Intelligence Report. Agari and PhishLabs analyze hundreds of thousands of phishing and social media attacks every quarter to identify the top threats targeting enterprises, their brands, and their employees. In this post, we...
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Dark Web Disruptions in Q1 Trigger Shift in Illicit Exchanges

In Q1, the exchange of sensitive data on Carding Marketplaces and Forums increased as government seizure of multiple Dark Web sites prompted a shift in where actors conduct illegal activities, according to the Agari and PhishLabs Quarterly Threat Trends & Intelligence Report. These sites specialize in the trafficking of stolen credentials and data such as usernames, passwords, banking, and account...
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Social Media Attacks Targeting Businesses Increase 105%

Social media attacks targeting enterprises have increased 105% from Q1 2021 to Q1 2022, according to Agari and PhishLabs’ latest Quarterly Threat Trends & Intelligence Report. Social media threat volume has consistently climbed quarter over quarter, as threat actors increasingly use social platforms to target business via fake pages, messaging, and advertisements. Every quarter, Agari and...