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.
Business email compromise (BEC) attacks are targeting executives to carry out high-priced CEO fraud, which is often called whaling.
Social engineering has become commonplace in malware parlance. But now, cybercriminals are targeting executives in high-level wire transfer scams.
A global wire transfer scam expertly targets businesses and their email accounts. How can your enterprise protect against this type of fraudulent event?