It looks like the series of banking-related email scams that MailGuard detected over the last month is far from over. Having imitated banks such as Westpac, ANZ and BankWest recently, cybercriminals have once again spoofed National Australia Bank (NAB) in a bid to steal users’ confidential information.

Earlier this week, MailGuard detected multiple variations of a phishing email scam spoofing National Australia Bank (NAB).

Cyber-attacks today are a top concern for both enterprises and consumers, making headlines far-too-commonly in news stories around the world. They impact hundreds of thousands – often millions – of individual consumers, and even more individual records, all from a single attack on one company.

The banking industry is increasingly becoming a favourite among cybercriminals. After intercepting multiple variations of an email scam spoofing NAB earlier today, MailGuard has now detected another phishing email scam purporting to be from Westpac.

Imitating leading financial institutions such as banks is a common trick adopted by cybercriminals to again access to users’ confidential data. MailGuard intercepted multiple variations of a large-scale phishing email scam purporting to come from National Australia Bank (NAB).

MailGuard began intercepting a large volume of scam emails earlier today (AEST) masquerading as Amazon. The fraudulent emails carry legitimate-looking Amazon store branding, with varying messages, although they all ultimately require users to update their account details via a link provided.

BankWest is the latest bank to be brandjacked in another online banking scam this week. Customers are informed in an email that their “online access will be discontinued and deleted ... due to a failure to comply with our online update regulations.”

Businesses are susceptible to debilitating cyberattacks at any time of the day. Savvy business leaders know that all it takes is one click on the wrong link for their business to be compromised. And as we know, 'clicks happen.'

Brandjacking - where cybercriminals impersonate the brands we trust, in order to fool us into clicking on malicious content - has affected some of the world’s biggest companies, past and present. 

Anyone can be a target of brandjacking scams.

Cybercriminals have once again exploited ANZ Banking Group’s trademarks in a phishing email scam.

A new email scam detected by MailGuard is spoofing popular cloud accounting company Xero to try and gain the trust of potential victims.

MailGuard has intercepted a payload email scam impersonating global logistics giant DHL.

E-commerce company PayPal has once again been embroiled in an email scam. It is suspected that the email scam spoofing the company is a phishing one designed to harvest confidential details of PayPal users.

Through minor modifications in their approach, cybercriminals are often able to develop new threat variants in an attempt to bypass existing security solutions.

MailGuard intercepted another variant of a payload email scam infiltrating Australian inboxes. They were first detected on Wednesday morning, the 15^th of May (AEST).   

Worried that your company will be the next victim of a cyberattack? You should be. From Facebook to Google, Marriott Hotels to British Airways, it seems companies of all industries and sizes are increasingly susceptible to a cyberattack as each day passes.