Cybercriminals have long been exploiting our reliance on email to conduct business. Of the many types of cyberattacks aimed at email inboxes, organizations have been increasingly focused on business email compromise (BEC) – and for a good reason. BEC has rapidly become one of the most financia...
How to handle BEC attacks Cybercriminals use a fairly wide range of technical tricks and social-engineering methods to win trust and carry out fraud. However, taking a range of effective measures can minimize the threat from BEC attacks: Set up SPF, use DKIM signatures, and implement a DMARC...
A variety of cyberattacks are launched against organizations every day. According to threat intelligence provider Check Point Research, there was a weekly average of 1,158 attacks per organization worldwide in 2023. Consulting services and software provider IT Governance reported that a total of 8.2 ...
or email addresses the recipient is likely to trust. Some attacks are immediate and urgent, while other attacks “groom” the victim into trusting the source over a period of time. So train employees on how to prevent BEC by spotting these strategies by criminals. Awareness leads to vigilance...
What is an account takeover attack and how to protect your organization from one of the toughest email attacks to detect.
Abnormal Security, an email security company, reports that in the first half of 2023, BEC attacks increased by 55% over the first half of 2022. 2. Supply chain attack As the term suggests, supply chain attacks target something a company buys from vendors, typically a software program. By ...
transpires when hackers infiltrate email exchanges between individuals, sending harmful content while disguising themselves as the person the victim recently communicated with. These attacks exploit social engineering psychology, as they have a more profound impact on victims compared to workplace-based ...
It is also important to be cautious when clicking on links or downloading attachments from unknown sources, as they may contain malware or viruses. Regularly updating our antivirus software and being aware of phishing scams can also help to prevent cyberattacks. Moreover, road safety is a ...
It's even possible for scammers to hack users remotely, from different countries than their own. However, phone malware attacks are still more common in some countries than others. According to Kaspersky, China is the country in which phone users are most likely to experience a malware attack...
According to the FBI’s International Crime Report for 2020, over $1.8 billion in losses were reported due to various and evolving sophistication of BEC attacks. These include the compromise of personal and vendor emails, CEO fraud, spoofed lawyer email accounts, identity theft, and conversion of...