August 26, 2014 – San Ramon, CA – According to a recent advisory issued by Research and Education Networking Information Sharing and Analysis Center (REN-ISAC), Higher Education faculty and administrators are being targeted with sophisticated spearphishing attacks. Cyber criminals harvest credentials and then alter victims’ payroll bank account information to re-route direct deposits to bank accounts controlled by the cyber criminals.
Tactics, techniques and procedures (TTP’s) of the cyber criminals include:
The phishing e-mails have contained official institutional images, often via an HTML image link direct to the resource.
“Higher Education is a honey pot for the bad guys. We know of dozens more institutions that have been spearphished than are mentioned in the REN-ISAC report,” according to Greg Wendt, GreyHeller’s Executive Director of Security Solutions.”
GreyHeller’s Security Suite complies with REN-ISAC’s recommended prevention techniques:
“Our recent Security webinar series focused on helping organizations mitigate cybercrime. How to implement Two-Factor Authentication and Logging/Analysis and Incident Response contain information that will thwart the bad guys,” stated Mr. Wendt.
Recordings of the webinars can be found on GreyHeller’s website. The full REN-ISAC advisory can be found here.
San Ramon, California-based GreyHeller serves Oracle® PeopleSoft customers globally across all industries, helping them secure and mobilize their PeopleSoft investment. GreyHeller’s software solutions – PeopleMobile®, ERP Firewall and Single Signon – are in production at nearly 100 PeopleSoft customers. PeopleMobile® renders PeopleSoft responsive across any mobile device and desktop. ERP Firewall and Single Signon protect PeopleSoft customers from criminal and inadvertent breach. For more information about GreyHeller, please visit www.greyheller.com.
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