Search: “bec”

6 stories in the last 30d

Huntress survey: CIRCIA reporting mandates now live, BEC claims exceed ransomware, exfiltration-heavy attacks cost twice as much, premiums rising.

Huntress's 2026 cyber insurance trends report, based on its own survey, finds 79% of respondents carry cyber insurance while 58% report shrinking coverage over five years. New CIRCIA federal reporting mandates and EU NIS2 requirements are reshaping policies, business email compromise now drives more claims than ransomware, and data exfiltration has replaced encryption as the dominant ransomware tactic at roughly twice the cost. After three years of declining premiums, rates are climbing again, and most businesses now refuse to pay ransoms.

HuntressSep 1, 17:00 UTC · 15d agoIndustry1

Top 10 Best Enterprise Browsers in 2026

2026 enterprise browser guide ranks Island first and notes Mammoth Cyber's wind-down plus corrections to standard vendor shortlists.

An editorial guide assesses ten enterprise browser options, ranking category creator Island first for last-mile DLP and BYOD controls, followed by Palo Alto's Talon browser as a Prisma Access/SASE surface and Google Chrome Enterprise Premium for DLP on already-deployed browsers. It corrects common lists, noting SlashNext is browser-adjacent phishing and BEC defense rather than a managed browser, and that Mammoth Cyber has wound down independent operations. Microsoft Edge for Business is positioned as effectively free policy depth for Microsoft 365 estates, with Menlo Security offering an isolation-plus-browser blend.

Cyber Security NewsSep 11, 07:07 UTC · 6d agoIndustry1

Credential Theft: How Attackers Steal & Use Stolen Credentials

Huntress explains how attackers steal credentials through phishing, AitM, infostealers, and dumping, then use them for lateral movement, BEC, and ransomware.

Huntress published an educational overview of credential theft, citing that roughly 70% of confirmed data breaches begin with stolen credentials. It details acquisition methods including phishing, adversary-in-the-middle attacks that capture MFA session tokens, infostealers (nearly a quarter of threats Huntress observed in 2025), Mimikatz-based credential dumping, credential stuffing, and password spraying. The piece then covers post-theft actions such as lateral movement, privilege escalation, account takeover, business email compromise, and ransomware, and closes with behavioral detection guidance and layered prevention strategies.

HuntressSep 10, 16:00 UTC · 6d agoResearch

Black Axe Members Extradited to US Over Internet Fraud Claims

Five alleged Black Axe leaders were extradited from South Africa to the US over romance scam and money laundering charges.

Five Nigerian nationals who allegedly led Black Axe's Cape Town zone were extradited to the US on September 11 and appeared in federal court in Trenton, New Jersey on September 14. The superseding indictment alleges romance scams, advance-fee fraud, BEC, and money laundering via US bank accounts between 2011 and 2021, using social media, dating sites, and VoIP, with coercion via threats to distribute victims' intimate photos. Charges include wire fraud and money laundering conspiracy carrying up to 20 years each, plus aggravated identity theft for three defendants.

Infosecurity MagazineSep 15, 13:45 UTC · 1d agoPolicy & legal

The Fraud Ecosystem: A Transition From Known Marketplaces to a Fragmented Environment

Rapid7 analyzes how fraud marketplaces are fragmenting into specialized shops after larger marketplaces were dismantled, aided by new MITRE F3 framework

Rapid7 reports a shift from large known fraud marketplaces to a fragmented environment of smaller specialized storefronts such as Xleet, Blackpass, Infodig, and Styx, operating across dark web channels, Telegram, and P2P options. These Fraud-as-a-Service shops sell stolen accounts, PII, synthetic identity generation, infrastructure, and money laundering support, supporting schemes like business email compromise. MITRE's Fraud Fighting Framework (F3), introduced in early 2026, aims to help security teams prioritize monitoring of fraud TTPs, particularly account takeover techniques. Fraud damages are anticipated to approach hundreds of billions of USD.

Rapid7 BlogSep 11, 13:33 UTC · 5d agoPhishing & fraud

Risky Bulletin: Russia starts blocking DoH and DoT

Russian users report blocks on DoH and DoT servers, including Cloudflare 1.1.1.1 and Google 8.8.8.8, in an apparent censorship crackdown.

Russian internet users began reporting failures connecting to DNS-over-HTTPS and DNS-over-TLS servers, suggesting a government crackdown on the two privacy protocols. The blocks reportedly cover Cloudflare's 1.1.1.1 and Google's 8.8.8.8 resolvers; Roskomnadzor has not officially confirmed the action. The agency tested a similar block in March on Beeline's network and had named DoH for blocking as early as 2021. The bulletin also briefly notes state-sponsored phishing of EU officials, a DDoS against Norway's Digdir, the ReliaQuest/ShinyHunters dispute, and older ransomware and breach disclosures.

Risky Business NewsAug 26, 03:07 UTC · 22d agoPolicy & legal1