In early March we saw the first of what would be an onslaught of criminal activity using the pandemic to manipulate users, and over the course of the year these attacks have been modified to reflect local and global fallout.
- Business Email Compromise (BEC)
- 419 Scams
- Phishing Lures
- Job Scams
667 percent surge in covid-themed phishing emails. The rapid increase in virus-led fears such as job loss, an unstable economy, and lack of basic needs like health insurance coverage gave threat actors a treasure chest of content to use against unsuspecting and concerned victims.
leak data on a global scale. Criminals used these platforms to engage in a variety of attacks, including money-flipping scams that promised free cash to those economically affected by COVID-19.
273 percent increase in data breaches during Q1 of this year, when vulnerabilities brought on by accelerated digital transformation gave threat actors access to systems that might otherwise have been protected. The pandemic forced many businesses to rapidly change how they used technology, and as a result, initiatives that normally would have spanned years were implemented in a matter of weeks and months, leaving weaknesses exposed. Credential theft was a huge contributor to compromise, with
80% of hacks occurring as a result of stolen data through phishing lures and sites.
double extortion. In Q3, ransomware attacks
increased 50 percent from the first half of the year, indicating the tactic is aiding in its popularity. Healthcare, COVID-19’s most vulnerable industry, is the most targeted by ransomware operators globally.
Digital Risk Protection and
Email Intelligence & Response help organizations detect and mitigate threats that abuse the novel coronavirus.
- Domain Monitoring
- Ransomware Protection
- Social Media Protection
- COVID-19 Cyber Threat Intelligence Webinar
*** This is a Security Bloggers Network syndicated blog from The PhishLabs Blog authored by Stacy Shelley. Read the original post at: https://info.phishlabs.com/blog/the-year-in-review-how-covid-19-has-changed-cyber-security