news Cybercriminals focus on a small number of domains

[Grade8]

Cybercriminals focus on the shipping and cloud storage sectors

While the report finds that phishing attacks have occurred most frequently against companies in the Payment, Financial, and the Software-as-a-Service/Webmail sectors in the first half, APWG contributing analysts found two important focus points of cybercrime gang activity:

• An increase in the number of phishing attacks using free hosting providers or website builders.
• In the new gTLDs and in ccTLDs, much of the phishing activity was concentrated in a small number of domains.

An examination of domain name registration patterns revealed other poorly managed web hosting practices that enabled crime. “The .TECH top-level domain had a higher concentration of phishing sites than would be expected, considering the number of domains in the TLD,” said Jonathan Matkowsky, VP, Intellectual Property and Brand Security at RiskIQ. “Our investigation found that this was because a hosting provider in the Russian Federation was allowing its customers to create sub-domains on the hosting provider’s domain name. This offered miscreants the opportunity to target multiple brands across a variety of industries.”

https://www.helpnetsecurity.com/2017/10/23/cybercrime-shipping-cloud-storage/

 

[peterparker]

Wow, Is it true?