Cybercriminals increasingly impersonate business-related apps>
Help Net Security
Cybercriminals have wasted little time in capitalizing on the vulnerabilities that come with remote work, and their attacks have been highly targeted, with a focus on business-related apps, according to GreatHorn.

Business-related applications (Zoom, Microsoft, DocuSign) account for 45% of impersonation-related phishing attacks, much more than social media-related applications which consist of Facebook, LinkedIn, and Twitter (34%) or consumer-related applications consisting of websites such as Amazon and PayPal (20%).

Though daily occurrences of phishing attacks have decreased from 36% to 25% between 2020 and 2021, weekly and monthly phishing attacks have increased from 28% to 42% and 11% to 17%, respectively. These attacks are increasingly difficult to detect as cybercriminals become more sophisticated and targeted in their attacks â advancing beyond the âbatch and blastâ methodology to social engineering phishing campaigns.

As a result of increasing attacks, email security has risen to one of the top 3 IT security projects for 2021 among the organizations surveyed. Additionally, while the need to remediate phishing attacks daily has decreased from 34% to 18% YoY, occurrences have increased weekly from 28% to 41% on average and monthly from 11% to 16%.

Email security (48%), securing telework (41%) and cloud security posture management (40%) are the top 3 security projects for 2021. Missing phishing attacks remains the top issue in current email security solutions with 39% of respondents noting this as a top concern in both 2020 and 2021. Fewer organizations report being âsatisfiedâ with their current email security solution, decreasing from 76% in 2020 to 53% in 2021. On the other hand, organizations reporting their email security solution was âgood enoughâ increased from 19% in 2020 to 36% in 2021. The top 3 threats that concern IT professions are: Payload attacks: rising from 16% to 21% Wire transfer requests: rising from 8% to 14% Compromised accounts: rising from 8% to 10%
Link: https://www.helpnetsecurity.com/2021/03/05/impersonate-business-related-apps/