Business Email Compromise

Brute-force attacks against user accounts in cloud services prove that multifactor authentication is only one part of an effective multilayered security implementation.

As cybersecurity technology becomes better at detecting email-based threats, attackers continue to employ leveled up social engineering tactics – such as phishing – to increase the likelihood of users falling for fraud, identity theft, or spoofing.

To provide organizations a comprehensive view of the email threat landscape, we look at notable occurrences of advanced email threats used by cybercriminals as well as advanced security techniques that can effectively defend against them.

Looking back at the most significant issues of 2018, we saw shifting cybercriminal strategies and lingering security threats. Enterprises faced a multitude of challenges, but careful study of these issues can present opportunities for improvement.

As of 2018, global losses to BEC have exceeded US$12 billion. To keep abreast of the landscape that scammers are operating in, we look back on some of the noteworthy incidents and trends that made BEC a headline staple this year.

Continued innovations in mobile technology enable businesses to respond to growing demands. Here are some best practices to make sure that the whole enterprise is protected against constantly evolving threats.

Cybercriminals hack legitimate email accounts to enter the IT premises of an organization and carry out attacks ranging from fraud and spying to information and identity theft. Find out how AI and machine learning can be used to outsmart email hackers.

A review of the first half of 2018 shows a threat landscape that not only has constant and familiar features but also has morphing and uncharted facets: Ever-present threats steadily grew while emerging ones used stealth.

The Federal Bureau of Investigation (FBI) issued a public service announcement (PSA) regarding the continued increase of Business Email Compromise (BEC) scams, which total global losses have already reached over US$12 billion in 2018.