Retail brands are increasingly targeted with fraudulent advertisements, fake social accounts, and falsely branded websites. These multipronged counterfeit campaigns redirect sales and compromise consumer data using brand recognition, the same component critical to driving sales within the retail industry.
Social Media attacks targeting enterprises increased 103% in 2021, according to PhishLabs Quarterly Threat Trends & Intelligence Report.
Usernames can hold meaning to the individual, and as a result provide useful information when expanding investigations to different social platforms.
Key highlights of the report include a significant increase in wire transfer loss attributed to business email compromise (BEC) attacks from the first quarter and a 20% increase in BEC attacks targeting the social media sector.
APWG's Q4 report shows ups and downs for 2019 phishing attacks, with SSL sites, web email, social media and BEC as the top trends.
Much like a threat actor can pose as an executive in BEC attacks, they can take over a social media account and abuse the inherent trust we have with it.
Attend our upcoming webinar to learn about the latest techniques threat actors use to abuse social media for phishing attacks.
In a world where it only takes moments to create a profile on social media, there is a difference between parody and malicious attacks.