iNews Vol - 148
#CMOInsights
April Fools' Day is usually a time for harmless office pranks and jokes. But in our always-on digital world, there's nothing funny about the escalating cybersecurity threats that can strike businesses on any given day.
The stats are sobering - over 200% surge in voice scam incidents in just the last year. During Q2 2023, the weekly average number of attacks in APAC increased by 22% year-on-year.
For enterprises, the risks have never been higher. Finance and tech companies are the most targeted. But bad actors are getting smarter and expanding across all sectors.
Organized crime syndicates are moving from illicit sectors to lucrative cyber frauds. Their methods are increasingly sophisticated - using deep fake AI voices, hijacking social accounts, and creating eerily realistic fake websites and business listings. Phishing remains the #1 entry point, with 58% of brand impersonation scams originating on social media.
This April 1st, instead of letting your employees get lured by phishing scams or falling victim to credential theft, use the occasion to reinforce smart cybersecurity habits:
The cyber risks facing businesses are no laughing matter. But a strong foundation of cybersecurity awareness and best practices will ensure your employees aren't the April fools when attackers come knocking.
World Backup Day 2024 – A Reminder of Responsibility
On this year's World Backup Day (March 31st), our CTO, Mitish Chitnavis emphasized the critical role of robust backup systems and disaster recovery planning in ensuring business continuity and minimizing downtime.
"Organizations must be prepared to face any unprecedented situations with a strong Disaster Recovery plan in place, where backup systems play a key role. World Backup Day provides an opportunity to revisit backup systems, identify gaps, and strengthen overall security posture. By doing so, organizations can minimize downtime and maintain business continuity in case of a security incident." he said.
Read more insights from industry leaders for World Backup Day here:
Suspected MFA Bombing Attacks Target Apple iPhone Users
Several Apple device users have experienced recent incidents where they have received incessant password reset prompts and vishing calls from a number spoofing Apple's legitimate customer support line.
Recommended by LinkedIn
Chinese hackers target family members to surveil hard targets
To surveil security conscious politicians and dissidents, hackers linked to Beijing are increasingly targeting their spouses and relatives.
AT&T confirms data for 73 million customers leaked on hacker forum
AT&T has finally confirmed it is impacted by a data breach affecting 73 million current and former customers after initially denying the leaked data originated from them.
Details of Millions of Voters and Several MPs Targeted in a Cyberattack by the Chinese State
The UK has officially attributed a major cyberattack on the Electoral Commission to China. The attack compromised the personal data of approximately 40 million voters
US Puts Up $10M Bounty on BlackCat Ransomware Gang Members
Feds are offering cash for information to help them crack down on the ransomware-as-a-service group's cyberattacks against US critical infrastructure.
Vietnam Securities Broker Suffers Cyberattack That Suspended Trading
Attackers "encrypted" VNDirect's data in an attack that kept the broker offline for days.
Justice Department indicts 7 accused in 14-year hack campaign by Chinese gov
Hacks allegedly targeted US officials and politicians, their spouses and dozens of companies.
Want to see your story featured in our newsletter? Have a specific topic you'd like us to cover? Let us know in the comments, and don't forget to like and share with your friends! Until next week!