Enterprise Organizations Have as Much as an 85% Chance of Receiving a BEC Attack Every Week

Business Email Compromise is a multi-billion dollar business, representing 43% of all cybercrime last year. Despite it being dwarfed in the news by ransomware, it represents a growing ...

September 13, 2021 Stu Sjouwerman

Business Email Compromise Scam takes New Hampshire Town for $2.3 Million

Social engineering is at the heart of this attack, where scammers successfully tricked a town into redirecting not just one but several bank transfers.

September 8, 2021 Stu Sjouwerman

BEC, Fraud, and Ransomware Attacks Are All on the Rise and Costing More Than Ever

New data from cyber insurer Coalition puts the spotlight on not only how much worse attacks are getting, but claim data paints the picture that organizations just aren’t ready.

September 3, 2021 Stu Sjouwerman

Email-Based Cyberattacks Double Between January and June

Over 2.9 Billion email-based threats were detected in the first half of 2021. Business Email Compromise, obfuscation, and living off the land reigned, according to new data from Zix.

September 2, 2021 Stu Sjouwerman

BEC and the Underworld's Resources

Researchers at Intel 471 have observed cybercriminals outsourcing talent for business email compromise (BEC) attacks. This tactic lowers the bar of entry for BEC attacks, which are ...

August 5, 2021 Stu Sjouwerman

BEC Attacks Are Targeting Lower-Level Employees

A new report from Barracuda found that most business email compromise (BEC) attacks are now targeting employees who aren’t in executive or financial roles.

July 22, 2021 Stu Sjouwerman

Microsoft Takes Down Homoglyph Domains

Microsoft has taken legal action to shut down eighteen domains that were being used in business email compromise (BEC) attacks. The sites in question used homoglyphs to impersonate ...

June 30, 2021 Stu Sjouwerman

Spear Phishing Impersonation Attacks Take on New Tactics to Become More Convincing and Effective

As part of Business Email Compromise attacks, spear phishing now plays a material role, with impersonation sitting firmly at the core of their social engineering tactics… in more ways ...

May 28, 2021 Stu Sjouwerman

Business Email Compromise Attacks Are Evolving, Becoming More Convincing and More Expensive

The “business” of BEC is becoming increasingly more lucrative for cybercriminals, as they develop new ways to defraud individuals and organizations of their money.

May 26, 2021 Stu Sjouwerman

A Popular Fraud Combo is Back: Elon Musk and Bitcoin

Researchers at Bitdefender warn that cybercriminals continue to impersonate Elon Musk in Bitcoin scams. One campaign that started on May 15 involved sending thousands of emails telling ...

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