BEC scams

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, …

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 …

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 …

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 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 …

Federal authorities announced a significant coordinated effort to disrupt Business Email Compromise (BEC) schemes that are designed to intercept and hijack wire transfers from …

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 …

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), …

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 …

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 …

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 …

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 …