IBM estimates that 20% of breaches occur as a result of the use of compromised credentials, which is the most popular initial attack vector used by cyberattackers to gain access to a company’s network.
Other potential attack methods are:
Companies like British Airways and Ticketmaster have been subject to these attacks, in which malicious code is covertly placed into e-commerce payment pages to collect your credit card information.
By directly stealing data from unwitting victims using a legitimate business, the same techniques can be utilized to obtain additional types of data from clients and visitors.
Attackers must pose as employees, contractors, or service providers of the target firm in order to commit BEC schemes. To fool someone into providing information or paying an invoice to the incorrect bank account, they grab onto email threads or get in touch with a staff member, such as one who works in the payments or customer care departments.
Employees occasionally develop personal vendettas or accept a cybercriminal’s offer after hearing it. This could result in the transfer of your personal information, as was the case when a Russian national was apprehended for recruiting US employees to put malware on the network of their workplace.
Unsecured servers, which are frequently left open and online owing to configuration errors, are the main cause of data exposure and breaches. Employees may also unintentionally release information.
Individually, fraudsters will use spam emails, phishing domains, and other tactics to try to coerce you into disclosing your PII and account information.
