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 …
BEC scams
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 …
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, …