In this Cyber Defense Magazine article, Michael Tyler, Sr. Director of Security Operations at Fortra, discusses a sophisticated phishing campaign targeting Meta business accounts. He explains the tactics behind the campaign and shares tips to protect against it.
Originally published in Cyber Defense Magazine.
Excerpt:
“Fortra has observed instances in which an adversary will gain access to an organization’s social media account then lock the organization out of it, promising to restore access in return for a ransom. For companies which rely heavily on social media for marketing and advertising, this lockout can have devastating impacts on revenue. Smaller organizations without high level contacts at social media companies may stuggle to regain access to their accounts via official support channels without paying the ransom and are most at risk to this cashout method. For larger organizations who may be able to use connections to regain access, this approach is less effective but may still be attempted in concert with a threat to post damaging information using the stolen account if a ransom is not received quickly.”
Read the full article here.
