It is time to update our employee training messages - Blackmail, primarily sextortion, accounts for 1 in 10 spear-phishing message. The attacks are likely under reported because of the sensitive nature of the threat.

Gift cards have become a common way for scammers to cash out

Barracuda Networks found that 83% of targeted phishing attacks, also known as spear-phishing, appear as a message from an administrator at a popular service, asking for the user to log in.

For victims of BEC scams, text messaging presents additional dangers. The attacker now has the target's mobile number, which allows them to potentially punish non-compliant victims with spam



https://www.darkreading.com/threat-intelligence/stealing-corporate-funds-still-top-goal-of-messaging-attacks/d/d-id/1334194