BEC scams
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 …
BEC-as-a-Service: Hacked accounts available from $150
Digital Shadows has announced the findings of new research revealing the diversity of methods used to infiltrate company emails. The FBI has estimated that scams resulting …
Verizon details breaches they were called in to investigate
If at all possible, organizations like to keep details of the breaches they suffered under wraps, mostly to safeguard their reputation and to minimize legal trouble. As …
6.4 billion fake emails sent every day
The Valimail Q2 2018 Email Fraud Landscape shows that fake email continues to be a serious problem, with an estimated 6.4 billion fake emails sent every day. That total …
The evolution of email fraud: Risks and protection tips
Marc Chouinard is Email Security Operations Lead at Vircom, an email security vendor based in Montreal, Canada. He has established a reputation as a no-nonsense leader in …
BEC scams and real estate deals: How to protect yourself?
Despite constant warnings by law enforcement and industry organizations, BEC scammers continue to fleece companies. They target small, medium, and large business and personal …
Losses due to BEC scams are escalating
Despite falling down on the list of most often reported Internet-facilitated crimes, Business Email Compromise/Email Account Compromise is still the type of crime that results …
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