Latest numbers show why BEC/EAC scams are here to stay
Extortion has become the second most often reported type of cybercrime, but BEC/EAC scams still reign supreme when it comes to monetary loss (or criminals’ earnings), …
BEC scams
Businesses need to rethink security priorities due to shifting trends
One shift in attacks that businesses should be aware of is the rapid growth of cryptocurrency mining, which increased 237 percent, according to the 2018 Security Roundup …
Healthcare email fraud: Attack attempts jump 473% over two years
Proofpoint found that healthcare organisations were targeted in 96 email fraud attacks on average in Q4 2018 – a 473 percent jump from Q1 2017. More than half of these …
BEC-style attacks exploded in Q4 2018
Email remains the top vector for malware distribution and phishing, while BEC fraud continues to grow rapidly, Proofpoint warns in its Q4 2018 Threat Report. “The number …
Email authentication use growing steadily in every industry sector
U.S. federal government agencies and many major enterprises have made significant strides to thwart the spread of fake emails, a major cybersecurity attack vector. But many …
BEC scammers add payroll diversion to their repertoire
All the attention the most typical BEC scams have been receiving in the last few years must have affected their effectiveness and forced scammers to come up with new ways for …
Half of management teams lack awareness about BPC despite increased attacks
Trend Micro revealed that 43 percent of surveyed organizations have been impacted by a Business Process Compromise (BPC). Despite a high incidence of these types of attacks, …
BEC scammers stole €19m from film company Pathé
The Dutch branch of the French film production and distribution company Pathé has lost over 19 million euros to BEC scammers, Dutch News reported. The scam Information about …
Beagle free visual analytics tool helps bring cybercriminals to justice
A team of researchers is helping law enforcement crack down on email scammers, thanks to a new visual analytics tool that speeds up forensic email investigations and …
Most impersonated brands in email attacks? Microsoft and Amazon
Nearly two-thirds of all advanced email attacks used emails impersonating Microsoft or Amazon, according to new research by Agari. Microsoft was impersonated in 36 percent of …
