Business email compromise scams are still surprisingly lucrative. In fact, the volume and frequency of BEC attacks have skyrocketed in recent years, according to FBI data.
A new report revealed that 60 percent of targeted email attacks were aimed at individual contributors and lower-level management between April and June 2018.
Phishing is still among the most common causes of a data breach. Companies should invest in managed security services and comprehensive awareness training to improve email security best practices.
A new batch of industry-specific phishing campaigns is leveraging compromised email contacts to steal login information associated with employees of engineering, transport and defense organizations.
Security leaders must implement phishing awareness programs to train employees to recognize business email compromise (BEC) attacks and other social engineering schemes that could compromise data.
Forty Percent of Email Fraud Attacks Against US Businesses Resulted in an Employee’s Termination, Survey Reveals
Companies in the U.S. fired an employee after 40 percent of email fraud attacks that occurred over the past two years, a new survey revealed.
IBM X-Force IRIS observed a widespread business email compromise (BEC) campaign targeting many Fortune 500 companies that exploits flaws in common accounts payable processes.
To defeat increasingly sophisticated fraudsters, security teams should pair their fraud detection tools with a device ID spoofing mechanism that automatically adapts to new threats.
2017 was another record year for cybercrime. According to the Online Trust Alliance (OTA), the number of cybersecurity incidents nearly doubled from the previous year. This led Jeff Wilbur, director of the OTA initiative at the Internet Society, to...
A SecureWorks study revealed that cybercrime tools are widely available and cost less than what consumers may imagine.