Business Email Compromise stories - Page 3

CEO fraud, a form of financial theft, is on the rise with global losses reaching USD $43 billion in 2021, warns FBI. .

BEC cost Australian organisations AUD$81m in a year, yet most ASX-200 firms lack basic email protection, says report.

Spamhaus and Validity partner to combat malicious activity in emails, aiming to create a safer environment for businesses and consumers.

New Zealanders have suffered $6.4m in financial losses due to cybersecurity incidents, according to CERT NZ's latest quarterly report.

Aussie biz urged: Boost cyber defences pre-Christmas as hackers don't take holidays. Tips for a secure festive season.

Check Point researchers reveal intricate email scam by Chinese hackers, stealing USD $1 million meant for an Israeli startup from a Chinese VC firm.

The standalone solution gives customers and service providers the ability to increase email security with automated incident response and threat insights.

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.

Mimecast's latest ESRA report reveals native email security systems are falling short, with millions of spam, malware, and phishing emails bypassing defences.

Email remains the preferred attack vector for cybercriminal activity, from low-level cybercriminals to nation states.

Forrester's latest rankings crown Trend Micro as the top leader in enterprise email security, praising its innovation and strategic vision.

These attacks are socially engineered to target specific people within financial services organisations who can execute requests on the attacker’s behalf.

Trend Micro's Cloud App Security tool blocked nearly nine million high-risk email threats in 2018, exposing the inadequacy of built-in email security measures.

The report analyses more than 160 billion emails sent across 150 countries in both 2017 and 2018 to identify email fraud attack trends.

As these threats continue to grow in volume and sophistication, it is imperative that organisations implement a people-centric security approach.

Phishing emails typically mimic the look and feel of an email written by someone in authority, such as a bank, or even a colleague.

Scamwatch is warning Australian businesses to take an urgent look at how they deal with accounts and invoices.

Businesses can be more susceptible to phishing attacks and business email compromises (BEC) than they realise.