Your supplier’s BEC problem is your BEC problem
Business email compromise (BEC) scams are a burgeoning threat for organizations and, despite rising awareness, new victims are cropping up daily. BEC scammers don’t care …
BEC scams
Phishing attacks at highest level in three years
The number of phishing attacks continued to rise into the autumn of 2019, according to APWG. The total number of phishing sites detected in July through September 2019 was …
Nikkei hit by BEC scammers, loses $29 million
Japanese media company Nikkei Inc. is the latest organization to be fleeced by BEC scammers, to the tune of $29 million. What happened? The company confirmed last week that, …
Phishing attacks are a complex problem that requires layered solutions
Most cyberattacks start with a social engineering attempt and, most often than not, it takes the form of a phishing email. It’s easy to understand the popularity of this …
BEC explodes as attackers exploit email’s identity crisis
850,000 domains worldwide now have DMARC records, a 5x increase since 2016, according to Valimail. However, less than 17% of global DMARC records are at enforcement — meaning …
How can we thwart email-based social engineering attacks?
More than 99 percent of cyberattacks rely on human interaction to work, Proofpoint recently shared. More often than not, the principal attack method is phishing emails. When …
Phishing attacks up, especially against SaaS and webmail services
Phishing attacks continued to rise into the summer of 2019 with cybercrime gangs’ focus on branded webmail and SaaS providers remaining very keen, according to the APWG …
281 BEC scammers arrested in worldwide law enforcement action
Federal authorities announced a significant coordinated effort to disrupt Business Email Compromise (BEC) schemes that are designed to intercept and hijack wire transfers from …
Fileless attacks designed to disguise malicious activity up 265%
Trend Micro published its roundup report for the first half of 2019, revealing a surge in fileless attacks designed to disguise malicious activity. Detections of this threat …
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), …
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 …
