News & Analysis as of

Cyber Attacks Spoofing Phishing Scams

HaystackID

[Webcast Transcript] Anatomy of a Business Email Compromise

HaystackID on

Editor’s Note: This webcast brings together some of HaystackID’s top experts to dissect the intricacies of Business Email Compromise (BEC) attacks—a rapidly growing threat impacting organizations globally. During the...more

Robinson+Cole Data Privacy + Security Insider

Threat Groups Using Translation Tools in Phishing Attacks

It used to be that one of the sure ways to identify a phishing email was to notice grammatical errors or broken English in the text of the communication. Thanks to new translation tools like Google Translate, that are...more

Bass, Berry & Sims PLC

Privacy Peril: Back It Up

Bass, Berry & Sims PLC on

A recent Privacy Peril advised of the increasing cyber risk from nation state attacks, particularly as a result of the war in Ukraine. There is, of course, little we can do to thwart cyber assaults on vital nerve centers....more

Ervin Cohen & Jessup LLP

Does your Insurance Policy Protect you from Email Spoofing?

Your CFO or accounts payable clerk receives a legitimate-looking email supposedly from the company’s president authorizing a wire transfer to a vendor or business partner. In reliance on that email, the company’s bank is...more

Goodwin

Gone Phishing? Wire Fraud Scams Continue Unabated Throughout 2021 So Far

Goodwin on

By this point, most businesses that regularly send and receive funds electronically have heard about the risk of wire fraud scams in which an intruder changes wiring instructions and diverts funds to its own account,...more

McAfee & Taft

Beware of phishing schemes relating to aviation escrow matters

McAfee & Taft on

The McAfee & Taft Aviation Group has recently seen an increase in the number of phishing schemes relating to aviation escrow matters. Phishing is the fraudulent attempt to obtain sensitive information or data, such as...more

Epstein Becker & Green

Cyber Coverage in the Age of COVID-19 Need Not Result in Pandemonium

Epstein Becker & Green on

While businesses and their employees continue to operate in the “new frontier” of working-from-home during the COVID-19 pandemic and the gradual reopening of the economy, a serious risk continues to present itself: the threat...more

Zelle  LLP

Conflicts in Circuits’ Approach to Email Scams Hold Lessons

Zelle LLP on

With unprecedented activity online, cybercrime is growing in frequency, sophistication and aggregate effect. Despite the increased visibility of cybercrime, cybersecurity continues to lag behind this curve. Cybercriminals...more

Farella Braun + Martel LLP

Are Losses Resulting from Phishing Incidents Covered by Crime Policies Insuring Against Computer Fraud?

It is an all-too-common dilemma. As phishing schemes have become more prevalent and more sophisticated, businesses of all sizes have fallen victim to these attacks where a fraudster will use a spoofed email or other deceptive...more

Epiq

SEC Remains Focused on Cybersecurity

Epiq on

After a long silence since guidance was last issued a year ago, there’s now widespread expectation that the Securities and Exchange Commission will get much more specific this year about new cybersecurity disclosures for...more

Sheppard Mullin Richter & Hampton LLP

Fool Me Twice…SEC’s latest Cyber-Fraud ROI Indicates Future Enforcement Against Hacker Victims

In the aftermath of the Securities and Exchange Commission’s (“SEC”) latest Report of Investigation (“Report”) regarding cyberattacks via “spoofed or manipulated electronic communications,” companies should prepare to adjust...more

Bradley Arant Boult Cummings LLP

Cyber Insurance: Court’s Recent Decisions May Change What Your Policy Covers

Cyber incidents can take many forms—phishing, insider theft, SQL injection, malware, denial of service, session hijacking, credential farming, or just old fashion “hacking.” Although many of these attack vectors employ...more

Pillsbury - Policyholder Pulse blog

Two New Federal Decisions Are Beacons for Policyholders Navigating Computer Fraud Claims for Spoofing Losses

On insurance coverage issues, sometimes the boat seems to be listing in the wrong direction. For example, insurers have long tilted the decks to avoid coverage for “spoofing” attacks and similar kinds of email fraud by...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #127 – Emails Continue to Pose High Risk to Companies

According to a Proofpoint study that analyzed 160 billion emails delivered to 2,400 global companies at the end of 2017, 88.8 percent of organizations were targeted by at least one email phishing attack over the past year....more

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