What can organizations do to thwart business email compromise attacks? In an interview, David Stubley, CEO of the consultancy 7 Elements, outlines several key steps. He'll be a featured speaker at Information Security Media Group's Security Summit: London, to be held Sept. 23.
Barriers to getting into the business email compromise - aka CEO fraud - game continue to fall, with security vendor Digital Shadows finding that compromised email accounts for a company's finance department can typically be purchased via the black market for just $150 to $500.
Business email compromises have been at the center of a number of procurement fraud scams, says Allan Stojanovic, a security architect and analyst at the University of Toronto, who describes the fraud and why it's so difficult to thwart.
Criminals operating online continue to target cryptocurrencies, leverage phishing and other social engineering attacks, as well as tweak age-old scams - including Nigerian prince emails - for the modern age. So warns Europol in its latest Internet Organized Crime Threat Assessment.
As you know, impostor email continues to be a challenge for most security professionals. We are going to discuss the tactics and targets of impostor email via this Email Fraud Workshop breakout. Denis Ryan, Sr. Director of Email Fraud at Proofpoint, will discuss:
The email threat landscape;
How to identify potential...
Business email compromise attacks continue to be lucrative for the criminally inclined. With the FBI reporting that reports of such attacks have recently doubled, researchers find that tricking victims into making fraudulent wire transfers remains attackers' top goal.
This white paper discusses the optimal method of enabling security for Office 365 so as to maximize protection against the growing array of security threats that organizations will encounter, while minimizing the total cost of ownership.
Download and read this white paper and you will learn:
How moving to the...
Decision makers evaluating the efficacy of Office 365 to meet their business requirements must be aware of its shortcomings in the areas of data protection, archiving, security, encryption, authentication and eDiscovery.
Download this white paper and learn:
Why the risks of relying solely on Office 365 are...
Advanced attacks such as business email compromise and account takeover-based attacks continue to be a leading way attackers are bypassing Secure Email Gateways (Exchange Online Protection included). Unfortunately, the majority of such attacks target Office 365 organizations.
To stop these attacks a new model...
A large Midwestern health network says a successful phishing campaign exposed a raft of personal and medical data stored in its email systems. The count of affected victims numbers 1.4 million, although investigators believe stealing personal data was not the attackers' goal.
Medical laboratory testing firm LabCorp is investigating a weekend cyberattack on its IT network, which resulted in the company taking certain processes offline. The attack is just the latest cyber assault on the healthcare sector.
Known losses due to business email compromise have exceeded $12.5 billion worldwide, the FBI's Internet Complaint Center reports, adding that fraudsters are increasingly targeting the U.S. real estate sector with such scams.
Cyberattacks and damages due to email breaches dramatically increased again this past year. The FBI estimates $5 billion in losses worldwide as email continues to be a primary attack vector for the initial compromise, with business email compromise accounting for $676 million in losses alone in 2017.
As SMB...
A six-month coordinated global law enforcement effort to crack down on business email compromise schemes has resulted in 74 arrests, the U.S. Department of Justice announced Monday.
File-less malware is a huge security challenge for organizations today, and traditional email security controls aren't sufficient to meet the challenge. It's time for a new approach email security.
The big issue is: The malicious payloads shift so much. It's really easy to do 100 variants of the same malicious...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing databreachtoday.in, you agree to our use of cookies.