BEC scams

Every type of fraud is on the rise, and 2023 was a particularly devastating year for victims of cryptocurrency and business email compromise (BEC) scams, according to the FBI. …

Threat actors use popular file-hosting or e-signature solutions as a disguise to manipulate their targets into revealing private information or downloading malware, according …

Orion S.A., a global chemical company with headquarters in Luxembourg, has become a victim of fraud: it lost approximately $60 million through “multiple fraudulently …

When it comes to the cyber threat landscape, change is the only constant: the inevitable interplay between cybercriminals and law enforcement agencies makes it inevitable. …

In this Help Net Security interview, Robert Haist, CISO at TeamViewer, discusses how AI is being leveraged by cybercriminals to enhance the effectiveness of BEC scams. How is …

56% of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of …

In this Help Net Security video, Shai Gabay, CEO of Trustmi, discusses why payments are a source of cyber worry for CISOs. CISOs are worried about Business Email Compromise …

In this Help Net Security video, Mike Britton, CISO at Abnormal Security, discusses how energy and infrastructure organizations face an increased risk of business email …

Pepco Group has confirmed that its Hungarian business has been hit by a “sophisticated fraudulent phishing attack.” The European company, which operates shops …

More 68% of employees knowingly put their organizations at risk, potentially leading to ransomware or malware infections, data breaches, or financial loss, according to …

In 2023, malicious email threats bypassing secure email gateways (SEGs) increased by more than 100%, according to Cofense. In just two years, Cofense identified over 1.5 …

For years, phishing was just a numbers game: A malicious actor would slap together an extremely generic (and usually poorly-written) email and fire it out to thousands of …