BEC attacks in the healthcare sector surged by 279% this year, according to a report by Abnormal Security. The study indicates a 167% rise in advanced email threats, peaking at over 100 attacks per 1000 mailboxes in March. Despite stabilizing around 61.16 attacks per 1000 mailboxes, a potential surge is expected during the holiday season. BEC attacks, while less frequent, pose substantial financial risks, with an average loss of $125,000 per attack. The healthcare industry is advised to boost its cybersecurity, especially in cloud email security.
Banking Malware Uses Live Numbers to Hijack OTPs, Targeting 50,000 Victims
Financial fraud on mobile devices is rising due to the prevalence of digital payments and the interception of one-time passwords. Indian bank users have become
