Cybersecurity Threats on the Rise in 2018: BEC Attacks

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
38
Cybersecurity Threats on the Rise in 2018: BEC Attacks Increase 55% and CHA Up 37%

Gulf Breeze, Aug. 17, 2018 (GLOBE NEWSWIRE) -- Through the first half of 2018, cybersecurity threats increased with AppRiver’s filters catching more than 180 million phishing messages and over 92 million emails containing malware attachments, according to the Mid-Year Global Security Report issued by AppRiver .

The report, based on global data compiled by AppRiver’s threat-detection analysis, provides details and examples of the most prolific cybersecurity threats to-date in 2018, including an influx of spear phishing, Business Email Compromise attacks (BEC), conversation hijacking attacks (CHAs), common vulnerabilities & exposure (CVE) exploits, cryptocurrency theft and mining, and weaponizing obscure file extensions.

In the first half of 2018, email remained a favorite vector for attackers to gain a foothold into businesses, whether for the purpose of malware infection, data theft or financial fraud. This includes many forms of generalized phishing attacks, such as brand impersonation. Even more concerning is that a good number of these attacks are being launched from trusted sources whose accounts have been compromised. These types of attacks look to disarm email security measures designed to focus on sender validation. These attacks also have great success in subverting well-trained end users who might otherwise be cautious enough to avoid emails from an unknown sender. Spear phishing tactics have been on an upward trend throughout 2018, continuing to net huge sums as BEC attacks and other fraud techniques become more widely adopted by attackers. Common vulnerabilities and exposures have continued to be leveraged in email attacks in 2018, and attackers are continually looking for different file types to deliver their payloads.

In the first six months of 2018, AppRiver quarantined more than 1 million BEC attack messages – up from 653,000 during the previous 6-month period, an increase of 55 percent.  The report also finds Conversation Hijacking Attacks increased 37 percent over the previous six-month period, with 169k quarantined CHA messages – up from 123k the prior six-month period. 

In the annual Global Security Report published earlier this year, AppRiver predicted that CVE exploits will continue to be a top malware vector. This has been true during the second quarter of 2018 with CVE2017-11882 being the most utilized attack by malicious actors. CVE 2017-11882 is typically exploited via Office files saved in Rich Text Font (RTF) format and utilizes the Word Equation Editor.

“As spoofing detection and sender verifications have improved, attackers have adapted their techniques to find ways around them. In 2018, attacks have become more personalized, customized, and targeted,” said Troy Gill, security analyst for AppRiver. “The Mid-Year report provides insight into how attackers continue to find ways to monetize activities and pivot quickly to new techniques when previous tactics become obsolete. With absolute certainty, more zero-day exploits are on the horizon. The report provides insights to help IT leaders better protect against attacks.”

A full, complimentary copy of the Mid-Year Global Security Report is available  HERE

 

About AppRiver

AppRiver provides cloud-based cybersecurity and productivity services to over 60,000 companies worldwide. Launched in 2002, the company uses advanced proprietary technology and machine learning in combination with expert human analysts to block phishing, spear-phishing, business email compromise, and other forms of malware before they reach customer networks. AppRiver also provides web-based malware protection, email encryption, secure archiving, and email continuity solutions. Recognizing that user email is the largest area of vulnerability, AppRiver established itself among the world’s top providers of Office 365 and Secure Hosted Exchange solutions. All services are offered on a pay-as-you-go basis and are backed by award-winning 24/7 white-glove Phenomenal Care® customer service. AppRiver is headquartered in Gulf Breeze, Florida and maintains offices in Georgia, Texas, Canada, Switzerland and Spain. For more information, please visit www.appriver.com. 

Jim McClellan AppRiver 850-932-5338 jmcclellan@appriver.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

EFSI Shareholders on Alert Amid M&A Deal Scrutiny

Updated Category News Views 4

Eagle Financial Services Under the Microscope A buzz is picking up in the world of mergers and acquisitions, and this time, it's Eagle Financial Services, Inc. (NASDAQ: EFSI) caught in the crosshairs. What's the chatter all about? Well, it looks like Juan Monteverde and his crew over at Monteverde & Associates PC have set their sights on Eagle's proposed sale to John...

Continue Reading
Midlife ADHD in Women: New Challenges and Solutions

Updated Category News Views 4

ADHD Evolution in Women's Midlife They say change is the only constant, and boy, does that ring true for women navigating the turbulent seas of ADHD as they hit 40 and beyond. According to Germaine Swanson, the ADHD landscape changes dramatically in midlife, especially for women. We're talking about a mix of hormonal shifts, increasing life demands, and changes in brain...

Continue Reading
Agroz's Big Leap: New Supply Deal in Malaysia

Updated Category News Views 3

Agroz Inc. Executes a Game-Changing Deal If anyone thought the ag tech players were sitting idle, think again. Agroz Inc., noted for their innovative controlled-environment agriculture, just inked a pivotal deal with Harvest Hive in Malaysia. It's not just a nod to expansion—it's a strategic leap into the big leagues. Picture this: Harvest Hive's sprawling 500-acre farm...

Continue Reading
Global Communication Works Opens SignlLabs™ AI Licensing

Updated Category News Views 42

AI Signaling Moves Beyond GCW's Own Clients Remember when we first looked at GCW's SignlLabs and the idea of helping brands show up inside ChatGPT, Gemini, Claude, Copilot and Perplexity? Well, Global Communication Works is taking the next step. Instead of keeping its AI Signaling playbook inside the agency walls, GCW is now opening SignlLabs up for licensing

Continue Reading
Law Firm Gains Strength with Strategic New Hires

Updated Category News Views 1

Catching the latest twist in the legal scene, veteran criminal defense attorney John T. Floyd is stiffening the backbone of his Houston-based firm. Snagging both Christopher Choate and Mia Floyd, he's set to fortify his team representing folks caught in the snarl of Texas and federal criminal courts. New Faces, Massive Expertise Let's dig into Choate's credentials first....

Continue Reading
CUBEX Lights Up Veterinary Care with Mini Essential

Updated Category News Views 5

Inventory Woes? Meet Mini Essential If you’ve ever worked in or around veterinary hospitals, you know the old-school headaches of managing controlled substances. Picture this: piles of paper logs, end-of-shift recounting, and inevitable discrepancies that rear their ugly heads long after closing time. Enter CUBEX, shaking things up with their latest launch, Mini...

Continue Reading
ZEEKR's Shooting Brakes Dominate: Over 400K Sold

Updated Category News Views 3

ZEEKR's Stellar Performance in a Crowded Market Another month, another bumper crop for ZEEKR's shooting brakes. These beauties aren't just hanging in there; they're leading the pack. In August alone, global deliveries marched past the 10,000 mark for the third month running—a feat not easily achieved in today's saturated automotive landscape. It's no wonder the...

Continue Reading
Veho's Role in Redefining Beauty E-Commerce Delivery

Updated Category News Views 1

Veho Grabs Headlines with BeautyMatter Awards Nod Here's something a bit off the beaten path: Veho's been tapping into new wells of opportunity in the e-commerce sector, and their latest accolade demonstrates just that. Named a finalist in the 2026 BeautyMatter Awards under the Logistics category, they're making noise in all the right circles. Beyond Boxes: Transforming...

Continue Reading
Health Net's $2M Boost for Stanislaus Affordable Housing

Updated Category News Views 1

Joining the Fight Against California’s Housing Crisis Well, I'll be the first to say it's a breath of fresh air when a healthcare beast like Health Net starts investing in something as critical as affordable housing. This is no drop in the bucket—two million dollars is quite the commitment to fix some of the mess that’s been brewing in Stanislaus County, California....

Continue Reading
LeoLabs and SciTec Partner for $93.7M Space Force Deal

Updated Category News Views 2

LeoLabs and SciTec Join Forces for Space Dominance The space race ain't just about rockets blasting off anymore. It's about making sure we've got eyes everywhere, even on the back of our heads, so to speak. Enter LeoLabs teaming up with SciTec to help the U.S. Space Force upgrade their radar systems to something out of a sci-fi flick, armed with a $93.7 million contract...

Continue Reading

Top 5 Most Recently Viewed Articles

Virtune Expands Crypto Offerings with Two New ETPs in Germany

Updated Category News Views 164

Virtune's New ETP Launch in Germany Swedish regulated crypto asset manager Virtune is excited to announce the launch of its latest products: the Virtune Bitcoin Prime ETP and the Virtune Staked Solana ETP. These new offerings are now available for trading on Deutsche Börse Xetra, marking a significant expansion in the European crypto investment market. About Virtune and...

Continue Reading
Empowering Girls: State Farm Supports Career Readiness Initiative

Updated Category News Views 236

Empowering Young Women Through Education In a remarkable show of community support, Pace Center for Girls has received generous funding from State Farm Insurance to further their mission of empowering young women. With a grant totaling $60,000, they are enhancing their career and college preparation programs that benefit thousands of girls annually. Support for Education...

Continue Reading
AmazingContent Collaborates with LinkedIn for Enhanced Marketing

Updated Category News Views 214

AmazingContent Partners with LinkedIn to Elevate Executive Influence AmazingContent, a leader in AI-driven communication strategies, is excited to announce its membership in LinkedIn's Marketing Partner Program. This collaboration is a significant step toward helping marketing and communication teams enhance the voices of their executives on the world's largest...

Continue Reading
Seeking Justice: iLearningEngines, Inc. Class Action Details

Updated Category News Views 70

Class Action Overview for iLearningEngines, Inc. The Gross Law Firm has recently taken significant steps to notify shareholders of iLearningEngines, Inc. (NASDAQ: AILE) regarding a proposed class action lawsuit. This legal action addresses concerns impacting investors and emphasizes the need for shareholders to be vigilant and proactive in safeguarding their rights....

Continue Reading
Abbott Laboratories Issues Recall for FreeStyle Libre 3 Sensors

Updated Category News Views 186

Abbott Laboratories Issues Recall for FreeStyle Libre 3 Sensors Abbott Laboratories, a prominent player in the healthcare sector, has recently announced a recall for specific FreeStyle Libre 3 sensors. This action was taken after the company discovered that a small number of these sensors might deliver inaccurate high glucose readings. Health Risks Linked to the Recall...

Continue Reading