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A BLOG ABOUT CYBER SECURITY

Wombat Security is a leader in security awareness and training. Our blog covers the latest cyber security news, insights, and best practices. We arm infosec professionals with the knowledge and tools they need to improve end-user behaviors and reduce organizational risk.

Social Engineering

Holiday Shopping Tips: Stay Alert to These Types of Scams

Posted by Gretel Egan on Nov 15, 2017 2:49:43 PM

Holiday shopping mania seems to be in full swing already this year, with Black Friday and Cyber Monday previews and preseason deals popping up in inboxes and social feeds everywhere. And it’s not just happening in the US, despite the fact that these shopping specials are triggered by the Thanksgiving holiday. In the UK, retailers are already offering heavy discounts — some as high as 25% to 30% — which normally doesn’t happen until Black Friday and beyond. Though the offers in the UK are likely in response to rising inflation, a dip in annual sales figures, and a hike in interest rates, the aggressive sales by legitimate retailers on both sides of the pond present a golden opportunity for cybercriminals — an environment in which online shoppers are seeking (and expecting) better-than-average deals.

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Connecting the Dots: The Human Factor and the Cost of Cybercrime

Posted by Gretel Egan on Oct 18, 2017 11:29:20 AM

The recently published 2017 Cost of Cyber Crime Study from Ponemon Institute and Accenture delivered some sobering statistics:

  • Organizations pay an average annualized cost of $11.7 million* to deal with cybercrime (up 23% from the prior year).
  • Organizations are dealing with an average of 130 successful security breaches each year (an uptick of 27% year over year)
  • The average cost of cybercrime has risen by 62% since 2013.
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Phishing, Social Engineering Are Top Concerns for Black Hat Attendees

Posted by Gretel Egan on Jul 19, 2017 12:29:08 PM

Black Hat USA 2017 kicks off in Las Vegas on July 22, and this show attracts some of the savviest information security professionals in the world. Earlier this month, Black Hat organizers released the results of its third annual attendee survey in its Portrait of an Imminent Cybersecurity Threat report. Below, we highlight some of the key findings in this year's report and compare the results to those revealed by the 2016 survey. 

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Phishing Prevention: Don’t Become a Victim of Your Own Success

Posted by Gretel Egan on Jan 10, 2017 4:30:12 PM

Phishing emails in their many forms — spear phishing messages, business email compromise (BEC) and whaling attacks, etc. — remain a preeminent threat to organizations and individuals worldwide. The most viable path to preventing phishing scams from hitting their mark is to utilize a combination of technical safeguards (like spam filters and blacklists) and ongoing end-user security awareness training. Those who downplay the potential benefits of employee security training are forgetting that successful social engineering attacks rely on one common factor: human engagement.

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Three Scary Social Engineering Facts

Posted by Gretel Egan on Oct 31, 2016 1:31:34 PM

Last updated: October 27, 2017

There is perhaps no topic more relevant to the Halloween season than social engineering. Like those who revel in the spirit of Halloween, social engineers are all about the elements of disguise and surprise. Though, at heart, social engineers exhibit ghoulish tendencies, they would never show up on your doorstep dressed to scare. Instead, they will make every attempt to lead you to believe they are someone honest and trustworthy.

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