Report: Rise Of “Conversation-Hijacking” Phishing Attacks Threatens Businesses

Because the technique involves impersonating a trusted employee, the hacking method has the potential to be unusually effective.

There has been a significant increase in the number of hackers implementing “conversation-hijacking” attacks to trick employees into installing malware, transferring money or disclosing their passwords, according to a new report from Barracuda Networks.

The phishing technique involves a hacker infiltrating real email threads between company employees by taking over accounts with previously stolen login credentials, perhaps bought through the dark web, according to ZDNet. After getting into the email account, attackers will impersonate the worker and attempt to extract information from their colleagues.

In an analysis of 500,000 emails, Barracuda found that conversation hijacking increased by over 400 percent between July and November 2019. The attacks are still relatively rare compared to traditional phishing attacks, which typically involve emails asking employees to click a link that installs malware on their devices and allows the attacker to gain access to a network.

But cybersecurity experts are concerned about the attacks because of how effective the technique could potentially be on gaining access to financial accounts or other sensitive information. Hackers will spend time on reading through conversations, researching victims and impersonating the way they write, according to Olesia Klevchuk, senior product manager for email security at Barracuda.

“These attacks are highly personalized, including the content, and therefore a lot more effective,” Klevchuk told ZDNet. “They have the potential of a very large payout, especially when organizations are preparing to make a large payment, purchase or an acquisition.”

Workers are more likely to believe the impersonation than an email from a random address asking them to click a link, according to Klevchuk. But the attacks are also not impossible to spot.

Attackers usually don’t use the actual compromised account to send the phishing message because the actual user can see if an email has been sent from their account. Instead, the hacker will try to impersonate the employee’s email domain with a technique called “typo squatting” that changes one or two characters to trick recipients into thinking the email is the real deal.

This makes it crucial for recipients to check the email address and domain if they are suspicious that their colleague did not send an email demanding account information or payment. In addition, employees should reach out directly to the employee through another contact method -- in person, by phone or through another email -- to check if they sent the email, according to ZDNet.

About the Author

Haley Samsel is an Associate Content Editor for the Infrastructure Solutions Group at 1105 Media.

Featured

  • Gaining a Competitive Edge

    Ask most companies about their future technology plans and the answers will most likely include AI. Then ask how they plan to deploy it, and that is where the responses may start to vary. Every company has unique surveillance requirements that are based on market focus, scale, scope, risk tolerance, geographic area and, of course, budget. Those factors all play a role in deciding how to configure a surveillance system, and how to effectively implement technologies like AI. Read Now

  • 6 Ways Security Awareness Training Empowers Human Risk Management

    Organizations are realizing that their greatest vulnerability often comes from within – their own people. Human error remains a significant factor in cybersecurity breaches, making it imperative for organizations to address human risk effectively. As a result, security awareness training (SAT) has emerged as a cornerstone in this endeavor because it offers a multifaceted approach to managing human risk. Read Now

  • The Stage is Set

    The security industry spans the entire globe, with manufacturers, developers and suppliers on every continent (well, almost—sorry, Antarctica). That means when regulations pop up in one area, they often have a ripple effect that impacts the entire supply chain. Recent data privacy regulations like GDPR in Europe and CPRA in California made waves when they first went into effect, forcing businesses to change the way they approach data collection and storage to continue operating in those markets. Even highly specific regulations like the U.S.’s National Defense Authorization Act (NDAA) can have international reverberations – and this growing volume of legislation has continued to affect global supply chains in a variety of different ways. Read Now

  • Access Control Technology

    As we move swiftly toward the end of 2024, the security industry is looking at the trends in play, what might be on the horizon, and how they will impact business opportunities and projections. Read Now

Featured Cybersecurity

Webinars

New Products

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction. 3

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions. 3

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings. 3