Successful BEC attacks become 56% more costly
The number of phishing attacks grew through 2020, fully doubling over the course of the year. Attacks peaked in October 2020, with a high of 225,304 new phishing sites …
BEC scams
Retail CISOs and the areas they must focus on
In this interview, Matt Cooke, cybersecurity strategist, EMEA at Proofpoint, discusses the cybersecurity challenges for retail organizations and the main areas CISOs need to …
BEC attacks increase in most industries, invoice and payment fraud rise by 155%
BEC attacks increased 15% quarter-over-quarter, driven by an explosion in invoice and payment fraud, Abnormal Security research reveals. “As the industry’s only measure of BEC …
Attackers finding new ways to exploit and bypass Office 365 defenses
Over the six-month period from March to August 2020, over 925,000 malicious emails managed to bypass Office 365 defenses and well-known secure email gateways (SEGs), an Area 1 …
Phishing gangs mounting high-ticket BEC attacks, average loss now $80,000
Companies are losing money to criminals who are launching Business Email Compromise (BEC) attacks as a more remunerative line of business than retail-accounts phishing, APWG …
Brand impersonation is a go-to tactic for attackers, especially for credential phishing and BEC attacks
Trends in BEC and email security during Q2 2020 included a peaking and plateauing of COVID-19-themed email attacks, an increase in BEC attack volume and acceleration of …
6,600 organizations bombarded with 100,000+ BEC attacks
Cybercriminals are increasingly registering accounts with legitimate services, such as Gmail and AOL, to use them in impersonation and BEC attacks, according to Barracuda …
200% increase in invoice and payment fraud BEC attacks
There has been a 200 percent increase in BEC attacks focused on invoice or payment fraud from April to May 2020, according to Abnormal Security. This sharp rise continues the …
Email security challenges and BEC trends during the pandemic
COVID-related attacks increased 436% between the second and third weeks of March 2020, with an average 173% week-over-week increase during the quarter, according to Abnormal …
The “return” of fraudulent wire transfers
Ransomware gangs targeting businesses are currently getting more public attention, but scammers trying to trick employees into performing fraudulent wire transfers are once …
Cyber crooks continue to exploit COVID-19 for their malicious schemes
A time of chaos is a time for opportunity for unscrupulous individuals and groups, and COVID-19 is seemingly an unmissable boon for cyber crooks. We’ve already covered a …
Almost three-quarters of all phishing sites now use SSL protection
The total number of phishing sites detected by the Anti-Phishing Working Group (APWG) worldwide in October through December 2019 was 162,155, following the all-time-high of …
