Financial institutions, healthcare organizations and universities have seen an increase in cyberattack in recent months, but there has also been an increase in phishing attacks on publishers and literary scouting agencies.
Any business that stores sensitive information that can be monetized is at risk of cyberattacks, and publishers and literary scouting agencies are no exception. Like any employer, scouting agencies and publishers store sensitive information such as bank account numbers, credit card details, Social Security numbers, contract information, and W-2 Tax forms, all of which carry a high value on the black market. The companies also regularly make wire transfers and are therefore targets for BEC scammers.
However, in a somewhat new development, there have been several reports of phishing attacks on publishers and literary scouting agencies that attempt to gain access to unpublished manuscripts and typescripts. These are naturally extremely valuable. If an advance copy of an eagerly awaited book can be obtained before it is published, there will be no shortage of fans willing to pay top dollar for a copy. Theft of manuscripts can result in extortion attempts with ransoms demanded to prevent their publication online.
2018 has seen a significant increase in phishing attacks on publishers and literary scouting agencies. Currently, campaigns are being conducted by scammers that appear to have a good understanding of the industry. Highly realistic and plausible emails are being to publishing houses and agencies which use the correct industry terminology, which suggests they are the work of an industry insider.
One current campaign is spoofing the email account of Catherine Eccles, owner of the international literary scouting agency Eccles Fisher. Emails are being sent using Catherine Eccles’ name, and include her signature and contact information. The messages come from what appears to be her genuine email account, although the email address has been spoofed and replies are directed to an alternative account controlled by the scammer. The messages attempt to get other literary agencies to send manuscripts via email or disclose their website passwords.
An increase in phishing attacks on publishers on both sides of the Atlantic have been reported, with the threat already having prompted Penguin Random House North America to send out warnings to employees to alert them to the threat. According to a recent report in The Bookseller, several publishers have been targeted with similar phishing schemes, including Penguin Random House UK and Pan Macmillan.
Protecting against phishing attacks requires a combination of technical solutions, policies and procedures, and employee training.
Publishers and scouting agencies should deploy software solutions that can block phishing attacks and prevent malicious emails from being delivered to their employees’ inboxes.
SpamTitan is a powerful anti-phishing tool that blocks 99.97% of spam emails and 100% of known malware. DMARC email-validation is incorporated to detect email spoofing and prevent malicious emails from reaching employees’ inboxes.
End user training is also essential to raise awareness of the risks of phishing. All staff should be trained how to recognize phishing emails and other email threats to ensure they do not fall for these email scams.
If you run a publishing house or literary scouting agency and are interested in improving your cyber defenses, contact the TitanHQ team today for further information on cybersecurity solutions that can improve your security posture against phishing and other email and web-based threats.