[Weekly Security News] A Chinese-based financially motivated hacking group targets leading companies in a variety of industries
[November 23, 2022]
1. A Chinese-based financially motivated hacking group targets leading companies in a variety of industries
A Chinese-based hacker group called Fangxiao is coordinating large-scale phishing campaigns for companies in various industries, including retail, banking, travel, and energy. Here’s how the campaign works: create multiple site domains to encourage visitors to complete the survey and redirect them to promotional sites to trick users into claiming prizes. Cyber hackers tend to hack into people with more money, which makes businesses an obvious target.
2. Cyberattacks such as malware and hacking are expected to continue to grow in 2023
According to this article, the major security issues and cyber threat that organizations will face in 2023. Cyberattacks across all industries in the third quarter of 2022 are said to have increased by 28% compared to 2021, and they are expected to increase steadily next year in 2023, including malware, hacking, and nuclear terrorism.
Source: Continuity Central
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