Targeted attacks via email takeover are currently the most common and successful form of cyberattack. Some 44% of firms have fallen victim to one.
In May, Carmichael Consulting warned its clients of an aggressive, advanced phishing scam*, sometimes called the ShareFile scam or ShareFile virus, that was propagating across the Southeast. Attack victims received an email from a known associate telling them a file was ready for retrieval and asking them to provide their email address and log-in credentials to access it.Those who fell for the ruse opened their address books and email stores to the attackers, which perpetuated the scam using the victim’s information. Attackers could harvest personally identifiable information (PII) from the victims, their co-workers and associates.This group of threats, often called email account takeover or business email compromise attacks, are increasingly aggressive and deceptive. Spoofed messages and interfaces from an array of companies—Google Docs to DocuSign; Apple to Microsoft—have been leveraged to propagate email attacks.In the most serious instances the attackers are nation-state actors from Russia, China and other countries, who are hired to seek access to corporate networks. Penetrating email accounts starts a chain of criminal activity like planting malware and delivering new messages that contain malicious links or requests for monetary transfers that appear legit.
On the positive side, almost all these attacks can be thwarted with good security practices:
To request advice from Carmichael regarding any attack or suspected infection, or for any other service, please give us a call at (678) 719-9671.*A phishing scam is one where an email message appears to be legitimate but clicking on some element of it will compromise the recipient’s PC, data, or other computing resources.