Business Email Compromise stories

As the 2024 Paris Olympics near, cybersecurity warnings from Radware, Mandiant, Tenable, and Palo Alto Networks highlight AI-enhanced threats and the need for robust defence strategies.

Cybercriminals are leveraging legitimate URL protection services to disguise phishing attacks, targeting hundreds of companies, reports Barracuda Networks.

Barracuda Networks reveals cybercriminals are exploiting URL protection services to embed malicious code in phishing emails, deceiving recipients into clicking harmful links.

Almost 25% of Australian businesses faced deepfake incidents last year, highlighting the growing threat of AI-powered cyber-attacks, says ISMS.online.

With the end of the financial year nearing, Australian businesses are warned of rising cyber threats, including AI-driven attacks, tax scams and ransomware.

The rise of GenAI in business innovation, via tools like Microsoft Copilot, comes with an alarming spike in AI-powered cyberattacks, pushing security to its limits.

Barracuda Networks’ Email Threats and Trends, Vol. 1 report reveals an alarming rise in sophisticated email-based cyber threats, driven by advancing AI, with BEC attacks now comprising over 10% of all social engineering threats.

Cloudflare's latest report warns that EU firms are dangerously unprepared for increasing cyber threats; only 29% feel equipped to defend against attacks.

Arctic Wolf launches ITDR to its security operations platform to counter rising identity-based cyber threats, enhancing tools like Microsoft Defender and Okta.

Arctic Wolf’s Cybersecurity Report reveals a rise in ransomware and Business Email Compromise attacks, pushing global firms towards increased cyber insurance.

Trustifi partners with CyberDisti to expand its AI-powered email cybersecurity services to the UAE, India, and Africa, addressing rising cyber threats in these regions.

Deepfakes now rank as the second most common security threat to UK businesses, with over 32% experiencing such incidents, a new ISMS.online report reveals.

As users swap email for collaboration suites, threat actors are as well, posing a fresh challenge for corporate security teams.

Tecala partners with Check Point Software Technologies to bolster email cybersecurity in Australia, utilising AI and ML to predict and counter rising security threats.

ReliaQuest's annual threat report reveals AI and automation technologies improve organisations' response time to security incidents by up to 99% year on year.

This World Backup Day Cohesity calls for a focus on cyber resilience & AI amid rising cyber threats.

Sophos' 2024 Threat Report unveils that half of all malware targeting SMBs consists of keyloggers, spyware, and stealers, with data theft featuring in over 90% of attacks in 2023.

Barracuda's 2023 threat research reveals an increase in high-severity cyber attacks targeting businesses, predominantly through business email compromise and malicious code, exacerbating concerns over network security.

Rising AI-powered scams forecasted for 2024 necessitate increased vigilance amid financial scams' surge from UK and Australia.

Rising cybersecurity threats prompt a shift from traditional, vulnerable password methods to phishing-resistant authentication solutions.