• Latest

IBM X-Force Threat Intelligence Index 2019 Released

May 16, 2019
How Print on Demand Companies Can Prevent Chargebacks

How Print on Demand Companies Can Prevent Chargebacks

August 11, 2022
KYC & AML: Know your customer and anti-money laundering explained

KYC & AML: Know your customer and anti-money laundering explained

August 7, 2022
New Podcast Episode: Walls of Thieving Cellphones with Nethone

New Podcast: How Consumers React to Identity Theft and Account Takeover Attacks

August 2, 2022
The Best Reverse Email Lookup Tools in 2022 (with pricing)

The Best Reverse Email Lookup Tools in 2022 (with pricing)

July 28, 2022
Tailgating Attack

Tailgating Attack

July 24, 2022
80 billion Euros lost to online fraud across physical and digital goods, and e-ticketing in 2021, reveals Fraugster’s new Payment Intelligence Report  

80 billion Euros lost to online fraud across physical and digital goods, and e-ticketing in 2021, reveals Fraugster’s new Payment Intelligence Report  

July 20, 2022
Influencer Insights: Christian Mangold, CEO of Fraugster Discusses the Payment Intelligence Report 2022

Influencer Insights: Christian Mangold, CEO of Fraugster Discusses the Payment Intelligence Report 2022

July 20, 2022
New Podcast Episode: Walls of Thieving Cellphones with Nethone

New Podcast: Let’s Get Megan a Job! LinkedIn recruiter scams & how to find work in the fraud prevention industry

July 19, 2022
Reverse Email Lookup to Protect Against Fraud

Reverse Email Lookup to Protect Against Fraud

July 18, 2022
Silverfort Raises $65m Series C for World’s First Unified Identity Threat Protection Platform

The Worldwide eCommerce Fraud Detection & Prevention Industry is Expected to Reach $83.9 Billion by 2026

July 15, 2022
The fraud detection and prevention (FDP) market to surpass $100 billion by 2027

Pre-hijacking Account Takeover Fraud

July 14, 2022
VISA Amends Its Dispute Management Guidelines for Merchants

VISA Amends Its Dispute Management Guidelines for Merchants

July 10, 2022
  • Contribute
  • Contact Us
  • About
  • Join Us
  • Advertise
Thursday, August 11, 2022
Merchant Fraud Journal
  • Home
  • Articles
    • Chargebacks
    • Fraud Prevention
    • Influencer Insights
  • Resources
    • Recorded Webinars
    • Podcasts
    • Vendor Directory
    • eCommerce Fraud Reports
    • Training and Certifications
    • Jobs Board
    • Associations and Non-Profits
  • News
No Result
View All Result
  • Home
  • Articles
    • Chargebacks
    • Fraud Prevention
    • Influencer Insights
  • Resources
    • Recorded Webinars
    • Podcasts
    • Vendor Directory
    • eCommerce Fraud Reports
    • Training and Certifications
    • Jobs Board
    • Associations and Non-Profits
  • News
No Result
View All Result
Merchant Fraud Journal
No Result
View All Result

IBM X-Force Threat Intelligence Index 2019 Released

by Bradley
May 16, 2019
in News

skeeze / Pixabay

IBM has released its 2019 X-Force Threat Intelligence Index.

The report provides an in-depth look at the current state of cybersecurity threats. It also offers organizations best practices for how to protect themselves against current fraudster tactics.

The report discusses developments in:

  • 2018’s most targeted industries
  • IOT and IIOT attacks
  • Hardware vulnerabilities
  • Malicious domains
  • Threat mitigation

One key takeaway is the movement away from malware-based attacks in favor of direct attacks on operating system tools.

Phishing Attacks Ascendant

The report states phishing attacks were nearly one-third of all attacks in 2018. Within that category, the most significant threat was business email compromise (BEC):

  • BEC – 36%
  • Basic phishing attacks – 36%
  • Office 365 compromise – 18%
  • Mix of BEC and Office 365 Mix – 9%

Speaking about the importance of the BEC threat specifically, the report explains:

When it comes to the most lucrative types of social engineering scams, BEC has been a growing tide for several years spanning all industries and geographies. BEC scams purport to originate from an owner or CEO or a high-ranking em-ployee. They are sent to those who control the company’s bank accounts with instructions to execute a confidential wire transfer. The transfer ends up in accounts the criminals control. The FBI reports that BEC fraud has been growing rapidly in the US and across the globe, having cost organizations $12.5 billion at last count.

Malware, Spam, and Botnets

The report also discusses the prevalence of malware spread by spam in 2018, especially the use of Necurs, delivered via spam emails, by organized cyber crime gangs.

“With very few exceptions, all major malware campaigns in 2018 were distributed by Necurs,” the report states “Especially those perpetrated by major cybercrime gangs or the operators of ransomware or banking Trojans”.

The topics in the emails delivering Necurs included “Swiss Coin Promotion”, Dating, and “Chinese Email Harvesting”.

The report also gives targeted attention to malware in the financial sector specifically, and provides a breakdown of the most prevalent malware attacks, as well as tips on how to defend against them. Malware discussed includes Trickbot, Gozi, and Ramnit.


Sources:

2019 X-Force Threat Intelligence Index Report

ShareTweetShareSend
Previous Post

Sextortion Email Scam Nets Fraudsters $1 million in Bitcoin

Next Post

Influencer Insights: An Interview with Precognitive

Next Post
Generic master lock surrounded by security apparatus

Influencer Insights: An Interview with Precognitive

Our Sponsors

Our Latest Report

Get the 2022 Fraud Trends Report

MFJ 2022 Fraud Trends Report

Search Our Site

No Result
View All Result

Featured Directory Listings

  • sift logo
    Sift
  • nSure.ai logo
    nSure.ai
  • Pipl
  • PayRetailers
  • Ekata
  • Spotrisk
  • SEON. Fraud Fighters
  • logo
    NoFraud
  • Microsoft Dynamics 365 Fraud Protection

Our Sponsors

Fraud Industry News

How Print on Demand Companies Can Prevent Chargebacks

How Print on Demand Companies Can Prevent Chargebacks

August 11, 2022
KYC & AML: Know your customer and anti-money laundering explained

KYC & AML: Know your customer and anti-money laundering explained

August 7, 2022
New Podcast Episode: Walls of Thieving Cellphones with Nethone

New Podcast: How Consumers React to Identity Theft and Account Takeover Attacks

August 2, 2022

Connect With Us

Quick Navigation

  • Home
  • News
  • Join Us
  • About Us
  • Contact Us
  • Advertise
  • Contribute
  • Privacy Policy

Privacy Policy

Our Privacy Policy
Our Terms of Use

Resources

  • Articles
  • eCommerce Fraud Reports
  • eCommerce Fraud Webinars
  • Training and Certifications
  • Jobs Board
  • Associations and Non-Profits
  • Podcasts
  • Vendor Directory

Popular Posts

  • How Does Two-Factor Authentication (2FA) Work?

    How Does Two-Factor Authentication (2FA) Work?

    0 shares
    Share 0 Tweet 0
  • How to File a Claim With FedEx + What To Do If Claim is Denied

    0 shares
    Share 0 Tweet 0
  • Top eCommerce Fraud Prevention Companies

    0 shares
    Share 0 Tweet 0
  • How to Fight PayPal Chargeback Fraud

    0 shares
    Share 0 Tweet 0

Featured Vendors

  • nSure.ai
  • Microsoft Dynamics 365 Fraud Protection
  • NoFraud
  • Sift
  • PayRetailers
  • Pipl
  • Ekata
  • SEON. Fraud Fighters
  • Spotrisk

Download the 2022 Fraud Trends Report

No Result
View All Result
  • About Merchant Fraud Journal
    • Advertise on Merchant Fraud Journal
    • Interested in Contributing or Guest Posting to Merchant Fraud Journal?
  • Articles
    • Chargebacks
    • Fraud Prevention
    • Influencer Insights
  • Contact Us
  • Download Addressing Payment Fraud and Customer Experience Report
  • Download Evolving Complexities of Payment Fraud Report
  • Download the 2020 Chargeback and Representment Report
  • Download the 2020 Merchant Fraud Journal Vendor Guide
  • Download the 2021 Fraud Trends Report
  • Download the 2022 Fraud Trends Report
  • Download the 3 Ways a Unified Chargeback Management and Fraud Platform Increases Revenue Report
  • Download the MFJ 2022 Customer Experience Report
  • Download the MFJ ATO in Retail Report
  • Home
  • Job Dashboard
  • Join The Merchant Fraud Journal Community
  • Merchant Fraud Journal Advertising Agreement
  • MFJ Fraud Trends Report Giveaway
  • News
  • Post a Job
  • Privacy Policy
  • Resources
    • 2020 Chargeback Representment Guide for Merchants
    • 2020 Vendor Guide
    • 3 Ways a Unified Chargeback Management and Fraud Platform Increases Revenue
    • Addressing Payment Fraud and the Customer Experience in 2022
    • Associations and Non-Profits
    • ATO Fraud In Retail Report
    • Balancing Customer Experience and Fraud Prevention: What’s the Secret?
    • Digital Trust & Safety: Combating the Evolving Complexities of Payment Fraud
    • eCommerce Fraud Reports
    • eCommerce Fraud Webinars
    • Fraud Prevention Training and Certifications
    • Jobs Board
    • Merchant Fraud Journal’s Fraud Trends 2020 Report
    • Merchant Fraud Journal’s Fraud Trends 2021 Report
    • Merchant Fraud Journal’s Fraud Trends 2022 Report
    • MFJ’s 2022 Customer Experience Report
    • Podcasts
    • Prevent High-Velocity Fraud Attacks During the 2021 Holiday Season
    • Vendor Directory
    • Webinar – Addressing Payment Fraud and the Customer Experience in 2022
    • Webinar – Mitigating Fraud and Risk on the ACH Network
    • Win January Chargeback Disputes
  • Subscribed
  • Terms and Conditions

© 2021 Payments Media Solutions Canada Inc.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
[class^="wpforms-"]
[class^="wpforms-"]