Intelligent CISO Issue 30 | Page 18

cyber trends
CYBERCRIMINALS ARE EVOLVING THEIR ATTACK TECHNIQUES , USING EVER-MORE CYNICAL TECHNIQUES TO SEPARATE ORGANISATIONS FROM THEIR MONEY . TOM CARTLIDGE , HEAD OF THREAT INTELLIGENCE , SIX DEGREES , OFFERS INSIGHT ON THE THE LATEST PHISHING TRENDS TO ENABLE ORGANISATIONS TO ADAPT AND TAKE THE APPROPRIATE MEASURES TO MITIGATE RISK IN THE DEVELOPING CYBERTHREAT LANDSCAPE . n hindsight , the early

I days of phishing emails seem almost impossibly quaint . We lived in a far less cybersecurity-aware world a decade ago and cybercriminals were often able to catch victims out with phishing emails telling tall tales of long-lost relatives and wealthy princes . However , when we fastforward to 2020 , we find people are far more aware of the phishing email threats they face and how to spot them . Unfortunately , cybercriminals are far more sophisticated in 2020 , too .

Since the UK government enforced a nationwide lockdown to tackle the spread of Coronavirus , cybercriminals have become increasingly busy targeting remote working users with phishing attacks . Here we consider the latest phishing trends and share some guidance around how

How to adapt to phishing trends and keep cybercriminals at bay

organisations can adapt to keep the cybercriminals at bay .
Phishing trends : Phishing as an attack launchpad
When analysing phishing trends , it ’ s important to understand that phishing emails are often seen as a means to an end – not an end in themselves . In a recent high-profile attack , cybercriminals dubbed the Florentine Banker launched a sophisticated cyberattack on three large finance sector firms , attempting to transfer £ 1.1 million to unrecognised bank accounts . To date , around half of the money has been recovered . The initial phishing emails were really a launchpad from which the cybercriminals could launch a more sophisticated cyberattack that involved creating lookalike domains to divert emails and convince the victims to make malicious payments .
The Florentine Banker is a fascinating case and cybercriminals certainly see
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