Business Email Compromise – Page 3 – Computer Security Articles

Credit to Author: Malwarebytes Labs| Date: Mon, 25 Mar 2019 15:46:38 +0000

A roundup of cybersecurity news from March 18–24, including Facebook’s privacy pivot, password reuse, new research on hospital phishing attacks, infected iPhone apps, and more.

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Tags: bandersnatch bec. cdc spam Business Email Compromise center for disease control and prevention cybersecurity education epic games facebook formjacking gandcrab google photos iPhone kiddle learn4life malicious app netflix network security Password reuse phishing privacy security fatigue steam vulnerabilities

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Security TrendMicro

January 22, 2019 admin

BEC Will Reach Two Levels Deeper

Credit to Author: William “Bill” Malik (CISA VP Infrastructure Strategies)| Date: Tue, 22 Jan 2019 14:00:18 +0000

In our predictions report for 2019, “Mapping the Future: Dealing with Pervasive and Persistent Threats,” we foresaw an increase in the rate of BEC (business email compromise) attacks: “Business email compromise will go two levels down in the org chart.” From the report: “Business email compromise (BEC) remains a very potent and…

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Security TrendMicro

November 28, 2018 admin

Today’s Data Breach Environment: An Overview

Credit to Author: Trend Micro| Date: Wed, 28 Nov 2018 19:04:36 +0000

By now, companies and consumers alike are well aware of the threat of a data breach. Large and small businesses across every sector have been targeted, and many customers are now familiar with the notification that their username, password or other details might have been compromised. The unfortunate fact is that, despite efforts on the…

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MalwareBytes Security

November 19, 2018 admin

Business email compromise scam costs Pathé $21.5 million

Credit to Author: Christopher Boyd| Date: Mon, 19 Nov 2018 16:00:23 +0000

Recently released court documents show European-based cinema chain Pathé lost a small fortune to a business email compromise (BEC) scam in March 2018. The attack cost the company $21.5 million—that’s 10 percent of its total earnings. Learn how to avoid BEC scams and keep your company in the black.

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Tags: 2fa authentication bec Business Email Compromise CEO CFO mfa pathe phish scam two-factor authentication

MalwareBytes Security

November 8, 2018 admin

How to create a sticky cybersecurity training program

Credit to Author: Jovi Umawing| Date: Thu, 08 Nov 2018 17:00:00 +0000

Organizations know that training employees is not only expensive but time-consuming. But when it comes to cybersecurity, training is a must. Whether you’re an organization of 50 or 50,000, this guide will show you the ropes in creating a cybersecurity training program that works from start to finish.

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Tags: bec business Business Email Compromise cybersecurity training education intranet PERI-TRAINING privacy training security training training and awareness program vpn

Independent Krebs

October 29, 2018 admin

How Do You Fight a $12B Fraud Problem? One Scammer at a Time

Credit to Author: BrianKrebs| Date: Thu, 25 Oct 2018 16:11:57 +0000

The fraudsters behind the often laughable Nigerian prince email scams have long since branched out into far more serious and lucrative forms of fraud, including account takeovers, phishing, dating scams, and malware deployment. Combating such a multifarious menace can seem daunting, but in truth it calls for concerted efforts to tackle the problem from many different angles. This post examines the work of a large, private group of volunteers dedicated to doing just that.

Security TrendMicro

August 31, 2018 admin

BEC is Big Business for Hackers: What makes these attacks so hard to prevent?

Credit to Author: Trend Micro| Date: Fri, 31 Aug 2018 15:34:48 +0000

For years, one of the most lucrative ways for hackers to generate profits was through ransomware attacks. These instances involve the use of strong encryption to lock victims out of their files and data – attackers then sell the decryption key in exchange for an untraceable Bitcoin ransom payment. Now, however, another highly profitable attack…

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