Security News

Rackspace has admitted a ransomware infection was to blame for the days-long email outage that disrupted services for customers. In its most recent update, posted at 0826 Eastern Time on Tuesday, Rackspace said it has now "Determined this suspicious activity was the result of a ransomware incident," and has hired a "Leading cyber defense firm to investigate."

Rackspace has not offered any explanation of the "Security incident" that has taken out its hosted Exchange environment and led the company to predict multiple days of downtime before restoration. The Register has conversed with customers who profess to having little technical expertise - which is fair enough given Rackspace promotes its hosted Exchange service as suitable for "Any business size or need" and that an "Award-winning team of support experts is available to solve your technical problems 24x7x365."

Below, you'll find four key resources you can use to take your email security to the next level. Electronic communication policy While communication tools such as email are convenient, they can also be dangerous.

Webinar Email provides us with an infinite number of possible exchanges. We send approximately 332 billion messages a day but having so much convenience and flexibility at our fingertips also brings security risks.

Phishing attempts targeting victims in the Middle East increased 100 percent last month in the lead up to the World Cup in Qatar, according to security shop Trellix. Trellix's phishing net also caught emails spoofing Snoonu, the official food delivery partner of the World Cup, that offered fake free match tickets and contained a malicious xlsm attachment.

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A research from Tessian, the State of Email Security Report, found that enterprise email is now the No. 1 threat vector for cyberattacks. These types of attacks also ranked as the top enterprise email threat that security leaders are most concerned about.

An open ben, or "Open beneficiary", is explained by the investigator as "An account where a different business account name can be substituted to help in deceiving the victim into sending funds." Presumably, the money launderer's contacts - other cogs in the cybercrime gearbox who send out so-called money mules to open accounts that are later used for fraud - were pushing back against the "Cost" of going through face-to-face KYC checks to open accounts that ended up getting linked to criminality right away.

A research from Hornetsecurity has revealed that 40.5% of work emails are unwanted. The Cyber Security Report 2023, which analysed more than 25 billion work emails, also reveals significant changes to the nature of cyberattacks in 2022 - indicating the constant, growing threats to email security, and need for caution in digital workplace communications.

Nigerian-born Ramon Olorunwa Abbas, 40, also known as Ray Hushpuppi, pleaded guilty to conspiracy and will spend 11 years and three months behind bars in the United States for his role in multiple online fraud sprees. Photos of Abbas captured from his accounts show him living it up from his ill-gotten gains: relaxing on private jets, standing by luxury cars, ad so on.