Few tools are as critical to modern business as Microsoft 365. Unfortunately, the platform’s ubiquity and central role in the workplace also make it a prime target for cyber attackers—and often, the primary vector for compromising their victims. It's no wonder experts such as Gartner and Forrester recommend more...
A leader of an international crime network that attempted to launder more than $25 million in fraudulently obtained funds, including through business email compromise, received a sentence of more than a decade in prison. Valentine Iro, 34, pleaded guilty to conspiracy to engage in money laundering.
Business email compromise (BEC), also known as email fraud, is one of cybersecurity’s costliest and least understood threats. As BEC schemes have evolved, industry nomenclature has outlived its usefulness. Without a framework to describe and break down BEC attacks—let alone conceptualize them—researching and...
The latest IBM Cost of a Data Breach report highlighted that 19% of total data breaches are due to compromised and stolen credentials, resulting in $4.5 million in losses, and 40% of ransomware attacks start through email. So how do you protect this vital communications channel?
Security leaders have many options...
A joint law enforcement operation led to the dismantling of what authorities describe as a Franco-Israeli "large-scale CEO fraud" criminal network that stole millions from French victims and laundered the proceeds via banks in China and Israel. The group's single biggest attack netted $40 million.
Cybercriminals exploited the verification process for Microsoft-certified authentication apps to obtain access to the inboxes of financial and marketing companies. Among the permissions threat actors sought were access to emails and calendars, says cybersecurity firm Proofpoint.
Phishing attacks have come a long way from the spray-and-pray emails of just a few decades ago. Now they’re more targeted, more cunning and more dangerous. And this enormous security gap leaves you open to business email compromise, session hijacking, ransomware and more.
Join Roger Grimes, KnowBe4’s...
Expel has released its latest quarterly threat report, which looks at continued identity-based attacks and the impact of MFA fatigue. Jon Hencinski shares insights on attack trends, gaps in compensating controls and what to look for in pre-ransomware activity.
Cloud email security: It involves new strategies and tools to defend against a new wave of attacks. Arun Singh of Abnormal Security discusses the latest flavor of email attacks and the new Knowledge Bases created to help enterprises increase their education and defensive capabilities.
The email attack vector. It may not earn much discussion, but the adversaries take full advantage of it with phishing, BEC and now email platform attacks. Mike Britton, CISO of Abnormal Security, talks about the latest threat trends and how to detect and defend against them.
U.S. federal prosecutors indicted four men charged with engaging in business email compromise and credit card fraud schemes that netted them $9.2 million. The FBI has warned that business email compromises - whether through account compromise or impersonation - is a growing threat.
The U.S. Department of Justice on Friday charged 10 individuals with using business email compromise and money laundering schemes to target public and private insurers. These schemes targeted Medicare, state Medicaid programs, private health insurers and numerous other victims.
Join us for an informative webinar session as we dive into the hard truth of phishing attacks. Phishing has evolved to be more precise and deceptive than ever before, with the influx of mobile devices, screen sizes and many other sophisticated schemes tricking users into divulging information that can compromise...
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