Business Email Compromise stories
Customer records compromised in 29% of NZ orgs - Trend Micro
"To avoid the attack surface spiralling out of control, they need to combine asset discovery and monitoring with threat detection and response on a single platform."
The growing threat of CEO fraud and how to mitigate it
By posing as the CEO or other senior figures, attackers guarantee that malicious emails get employees' attention. Many employees are reluctant to question a request from their CEO, so they usually provide the information.
Breaking down BEC – the costliest risk facing your organisation
According to the Australian Cyber Security Centre’s Annual Cyber Threat Report 2020-21, BEC cost Australian organisations AUD$81 million during a twelve month period.
Spamhaus teams up with Validity to fight malicious emails
"IP and domain reputation data contains fingerprints of malicious behaviour. Therefore, it is vital to expand the breadth of data shared, analysed, and utilised globally."
DDoS campaigns, BEC scams & Emotet: CERT NZ reports top security threats
It has been yet another tumultuous quarter for New Zealanders and their wallets, with almost $6.4 million in reported financial losses due to cybersecurity incidents.
Five ways to ensure cyber-criminals don’t damage your business over Christmas break
The Christmas period creates a series of opportunities for threat actors to compromise business owners and steal credentials and data for illicit use, Watchguard finds.
Check Point researchers uncover how to steal $1 million by email
A series of spoofed emails enabled a Hong Kong-based hacker to make off with a million dollars.
Barracuda announces general availability of forensics and incident response offering
The standalone solution gives customers and service providers the ability to increase email security with automated incident response and threat insights.
Spear phishing techniques evolving to execute lateral attacks – 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.
Native email security systems inadequate – Mimecast
In the report, 85% of the 1,025 global respondents experienced an impersonation attack in 2018.
Forrester names Proofpoint leader in enterprise email security
Email remains the preferred attack vector for cybercriminal activity, from low-level cybercriminals to nation states.
Forrester names Trend Micro Leader in email security
TrendMicro earned the highest score for technology leadership, deployment options and cloud integration.
Email attacks targeting financial services up 60% - Proofpoint
These attacks are socially engineered to target specific people within financial services organisations who can execute requests on the attacker’s behalf.
Built-in email security measures inadequate - Trend Micro
The Cloud App Security report details how escalating email threat levels are exposing organisations to an increased risk of fraud, spying, information theft, and spoofing.
Massive jump in email fraud targeting healthcare - Proofpoint
The report analyses more than 160 billion emails sent across 150 countries in both 2017 and 2018 to identify email fraud attack trends.
Email fraud increased by 476% in last year - Proofpoint
As these threats continue to grow in volume and sophistication, it is imperative that organisations implement a people-centric security approach.
Phishing emails only going to get smarter, warns security firm
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 issues urgent warning about BEC scams
Scamwatch is warning Australian businesses to take an urgent look at how they deal with accounts and invoices.
Exclusive: Over half of ASX companies at risk of email fraud
Businesses can be more susceptible to phishing attacks and business email compromises (BEC) than they realise.