Verizon details breaches they were called in to investigate
If at all possible, organizations like to keep details of the breaches they suffered under wraps, mostly to safeguard their reputation and to minimize legal trouble. As …
BEC scams
6.4 billion fake emails sent every day
The Valimail Q2 2018 Email Fraud Landscape shows that fake email continues to be a serious problem, with an estimated 6.4 billion fake emails sent every day. That total …
The evolution of email fraud: Risks and protection tips
Marc Chouinard is Email Security Operations Lead at Vircom, an email security vendor based in Montreal, Canada. He has established a reputation as a no-nonsense leader in …
BEC scams and real estate deals: How to protect yourself?
Despite constant warnings by law enforcement and industry organizations, BEC scammers continue to fleece companies. They target small, medium, and large business and personal …
Losses due to BEC scams are escalating
Despite falling down on the list of most often reported Internet-facilitated crimes, Business Email Compromise/Email Account Compromise is still the type of crime that results …
Masterminds behind prolific CEO fraud ring arrested
It took two years and a collaborative effort of French, Belgian, Romanian and Israeli law enforcement agencies to take down an organised crime group that was behind at least …
The operations and economics of organized criminal email groups
Nine of the 10 captured organized criminal email groups operate out of Nigeria, they all leverage a multitude of attack methods, and business email compromise (BEC) is far …
When BEC scammers specialize
A group of BEC scammers has been focusing its efforts on the global maritime shipping industry, compromising emails accounts and attempting to trick targets into delivering …
Understanding email fraud: Do you have visibility into email threats?
82% of boards are concerned with email fraud, and 59% consider it a top security risk – no longer just an IT issue. Yet 30% of respondents to a survey conducted by …
BEC scammers actively targeting Fortune 500 companies
Nigerian scammers are targeting Fortune 500 companies, and have already stolen millions of dollars from some of them, IBM Security researchers have found. Their strategy is …
