The old adage of people being the weakest link in security is especially true when it comes to email threats. Here, cybercriminals can arguable generate their biggest “bang for the buck” by socially ...
While published trends in ransomware attacks have been contradictory — with some firms tracking more incidents and other fewer — business email compromise (BEC) attacks continue to have proven success ...
In September, a Nikkei America employee transferred $29 million to BEC scammers who were purporting to be a Nikkei executive. Media conglomerate Nikkei Inc. has fallen victim to a business email ...
Business email compromise (a.k.a. CEO fraud) is the highest-grossing type of cybercrime, according to the FBI’s IC3 Internet Crime Report 2021. More than a third of all cybercrime losses can be ...
A huge spike in fraudulent activities related to attacks leveraging business email accounts is a billion-dollar-problem. The FBI warned the global cost of business email compromise (BEC) attacks is ...
Business email compromise (BEC) continues to evolve on the back of sophisticated targeting and social engineering, costing business worldwide more than $50 billion in the last 10 years — a figure that ...