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Business Email Compromise stories

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Predicted surge in AI-fuelled scams in 2024 demands increased vigilance
4 days ago
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ml
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compliance
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ai
Rising AI-powered scams forecasted for 2024 necessitate increased vigilance amid financial scams' surge from UK and Australia.
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Rising cybersecurity threats prompt shift from traditional password methods
Last month
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cybersecurity
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mfa
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passwords
Rising cybersecurity threats prompt a shift from traditional, vulnerable password methods to phishing-resistant authentication solutions.
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Keeper Security urges retailers to prep for holiday season cyber threats
Last month
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firewall
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ransomware
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malware
Keeper Security, a top cybersecurity software firm, warns retailers to brace for potential cyber threats during the holiday season.
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Email defence methods increasingly falling short - report
Thu, 17th Aug 2023
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cyber criminal
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email
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secureworks
According to the Secureworks Incident Response report, the number of incidents involving business email compromise doubled between January and December 2022.
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Video: 10 Minute IT Jams - An update from Secureworks
Wed, 19th Apr 2023
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cybersecurity
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email security
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secureworks
Secureworks' Head of Threat Intelligence for APJ, Alex Tilley, discusses the company's cybersecurity solutions in a new TechDay interview.
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Microsoft Exchange and Log4j continue to be top points of compromise
Fri, 24th Mar 2023
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microsoft
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mfa
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cyber threats
Arctic Wolf, a global specialist in security operations, has published its annual Arctic Wolf Labs Threat Report, revealing a year of turbulence.
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Business email compromise doubled in 2022: Secureworks
Mon, 20th Mar 2023
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cybersecurity
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phishing
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ai
Analysis of over 500 incidents that Secureworks responded to in 2022 found companies need to make themselves a more challenging target.
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BEC overtakes ransomware as cyber crime of choice
Mon, 20th Mar 2023
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ransomware
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cybersecurity
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secureworks
The number of incidents involving business email compromise has doubled, replacing ransomware as the most common type of financially motivated cyber threat.
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Customer records compromised in 29% of NZ orgs - Trend Micro
Thu, 24th Nov 2022
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data protection
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trend micro
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cyber risk
Nearly a third of New Zealand firms have had customer records compromised multiple times in the past year, according to a report from Trend Micro.
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The growing threat of CEO fraud and how to mitigate it
Tue, 4th Oct 2022
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cybersecurity
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online fraud
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secureworks
CEO fraud, a form of financial theft, is on the rise with global losses reaching USD $43 billion in 2021, warns FBI. .
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Breaking down BEC – the costliest risk facing your organisation
Tue, 4th Oct 2022
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proofpoint
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fraud
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cyber attacks
BEC cost Australian organisations AUD$81m in a year, yet most ASX-200 firms lack basic email protection, says report.
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Spamhaus teams up with Validity to fight malicious emails
Wed, 11th Aug 2021
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email security
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email
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business email compromise
Spamhaus and Validity partner to combat malicious activity in emails, aiming to create a safer environment for businesses and consumers.
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DDoS campaigns, BEC scams & Emotet: CERT NZ reports top security threats
Wed, 25th Nov 2020
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malware
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ddos
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cybersecurity
New Zealanders have suffered $6.4m in financial losses due to cybersecurity incidents, according to CERT NZ's latest quarterly report.
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Five ways to ensure cyber-criminals don’t damage your business over Christmas break
Mon, 16th Dec 2019
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network management
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network security
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firewall
Aussie biz urged: Boost cyber defences pre-Christmas as hackers don't take holidays. Tips for a secure festive season.
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Check Point researchers uncover how to steal $1 million by email
Mon, 9th Dec 2019
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investment
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capital raising
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venture capital
Chinese hackers con $1M in VC-BEC heist; Israeli startup's seed fund intercepted.
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Barracuda announces general availability of forensics and incident response offering
Tue, 1st Oct 2019
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email security
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barracuda
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business email compromise
The standalone solution gives customers and service providers the ability to increase email security with automated incident response and threat insights.
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Spear phishing techniques evolving to execute lateral attacks – Barracuda
Thu, 22nd Aug 2019
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phishing
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email security
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barracuda
Barracuda’s research uncovered fresh insights into how these popular attacks are evolving and the tactics used by cybercriminals to try to make them successful.
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Native email security systems inadequate – Mimecast
Mon, 17th Jun 2019
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email security
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mimecast
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report
Mimecast report reveals critical gaps in email security, exposing firms to phishing and malware threats.
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Forrester names Proofpoint leader in enterprise email security
Tue, 11th Jun 2019
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email security
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dlp
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forrester research
Email remains the preferred attack vector for cybercriminal activity, from low-level cybercriminals to nation states.
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Forrester names Trend Micro Leader in email security
Thu, 23rd May 2019
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email security
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trend micro
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forrester research
Forrester names Trend Micro a leader in email security, highlighting its AI-driven solutions.
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Email attacks targeting financial services up 60% - Proofpoint
Wed, 1st May 2019
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cybersecurity
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proofpoint
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report
These attacks are socially engineered to target specific people within financial services organisations who can execute requests on the attacker’s behalf.
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Built-in email security measures inadequate - Trend Micro
Tue, 5th Mar 2019
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phishing
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email security
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trend micro
Trend Micro thwarts 9m email threats in 2018, highlighting cybercrime's use of trusted platforms.
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Massive jump in email fraud targeting healthcare - Proofpoint
Tue, 12th Feb 2019
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phishing
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it in healthcare
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email security
The report analyses more than 160 billion emails sent across 150 countries in both 2017 and 2018 to identify email fraud attack trends.
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Email fraud increased by 476% in last year - Proofpoint
Fri, 8th Feb 2019
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phishing
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email security
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report
As these threats continue to grow in volume and sophistication, it is imperative that organisations implement a people-centric security approach.