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attack
Evolving cybercriminal tactics targeting SMBs

A recent Todyl report revealed a 558% increase in BEC (Business Email Compromise), AiTM (Adversary-in-the-Middle), and ATO (Account Takeover) attacks in 2024. In this Help Net …

hand
Losses due to cryptocurrency and BEC scams are soaring

Every type of fraud is on the rise, and 2023 was a particularly devastating year for victims of cryptocurrency and business email compromise (BEC) scams, according to the FBI. …

phishing
Cybercriminals exploit file sharing services to advance phishing attacks

Threat actors use popular file-hosting or e-signature solutions as a disguise to manipulate their targets into revealing private information or downloading malware, according …

send money
Scammers dupe chemical company into wiring $60 million

Orion S.A., a global chemical company with headquarters in Luxembourg, has become a victim of fraud: it lost approximately $60 million through “multiple fraudulently …

cybersecurity threats
The changes in the cyber threat landscape in the last 12 months

When it comes to the cyber threat landscape, change is the only constant: the inevitable interplay between cybercriminals and law enforcement agencies makes it inevitable. …

Robert Haist
Strategies for combating AI-enhanced BEC attacks

In this Help Net Security interview, Robert Haist, CISO at TeamViewer, discusses how AI is being leveraged by cybercriminals to enhance the effectiveness of BEC scams. How is …

money
56% of cyber insurance claims originate in the email inbox

56% of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of …

IT professional
How CISOs tackle business payment fraud

In this Help Net Security video, Shai Gabay, CEO of Trustmi, discusses why payments are a source of cyber worry for CISOs. CISOs are worried about Business Email Compromise …

email
Email security trends in the energy and infrastructure sector

In this Help Net Security video, Mike Britton, CISO at Abnormal Security, discusses how energy and infrastructure organizations face an increased risk of business email …

Pepco
European retailer Pepco loses €15.5 million in phishing (possibly BEC?) attack

Pepco Group has confirmed that its Hungarian business has been hit by a “sophisticated fraudulent phishing attack.” The European company, which operates shops …

SaaS
Understanding employees’ motivations behind risky actions

More 68% of employees knowingly put their organizations at risk, potentially leading to ransomware or malware infections, data breaches, or financial loss, according to …

email
Secure email gateways struggle to keep pace with sophisticated phishing campaigns

In 2023, malicious email threats bypassing secure email gateways (SEGs) increased by more than 100%, according to Cofense. In just two years, Cofense identified over 1.5 …

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