Business Email Compromise (BEC) attacks have expanded tremendously over the past few years, with a projected growth of over $9 billion in 2018. The combination of simplicity and effectiveness have ensured that BEC will continue to be one of the most popular attacks, especially for those who lack special tools and knowledge to pull off more complicated schemes. Continue reading
Tag Archives: business email compromise
When Phishing Starts from the Inside
A growing concern of security professionals is internal phishing attacks – phishing emails sent from one trusted user to another of the same organization. Internal phishing emails are used in multi-stage attacks in which an email account is owned either by controlling the users device with previously installed malware or by compromising the account credentials of the user. Internal phishing emails are used in both targeted attacks, where the aim is to steal information or commit extortion, and common with Business Email Compromise (BEC) schemes designed to steal money. Because the sender is an internal and trusted user, the recipient is more likely to take action on the email. Continue reading
2017 Midyear Security Roundup: The Cost of Compromise
Earlier this month we launched our Security Roundup Report for the first half of the year. You can access the full report here, but here are some of the findings that stand out: Continue reading
Email may not be a safe mode of communication
Email has moved into the center of communications. This is especially true within the business sector, seeing as The Radicati Group discovered that the average employee sends and receives 122 emails every day. This digital means of discussion is incredibly convenient and quick, but it is far from a perfect system. Continue reading