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BEC scam news stories

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Phishing
How to avoid sending 'phishy' emails that could lose you customers
Some genuine emails can often look similar to scam emails, which can lead to damaged relationships between businesses and their customers.
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Proofpoint
Email fraud attacks take fast and furious approach to their business targets
The top three email fraud subject lines included ‘request’, ‘payment’, and ‘urgent’.
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Email Security
The way you write your emails could now stop BEC scams, thanks to AI
The way people write their emails could be the new weapon that detects malicious email threats - and that’s exactly what Trend Micro is counting on.
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Ransomware
Cybercriminals likely to attempt GDPR extortion for greater ROI
Trend Micro says cybercriminals are becoming more business-minded and are likely to target organisations that are trying to comply with GDPR.
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Cybercrime
Report finds email is the go-to weapon in hackers’ arsenals
Symantec has revealed malicious emails are on the rise, racking up over US$5 billion and costing businesses more than $115,000 a year.
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Malware
8 million malware detections in NZ so far, according to new report
More than 8 million malware detections in New Zealand were recorded by Trend Micro in the first half of this year.
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Malware
Australia a hot target for BEC scams, malicious URLs and malware
More than a quarter of all business email compromise (BEC) scams around the world target Australia, new research says.
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Malware
Impersonation attacks rise 400% as email security struggles to keep up
"If a CISO isn’t reviewing its email security solution on a 12-18 month basis, they may be surprised at what threats are getting into inboxes."
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Phishing
Thursdays are the most dangerous days for our inboxes, Proofpoint finds
Be especially wary of the dangers lurking in your inbox on Thursdays - because that's when malicious email attachments are likely to spike.
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Identity Theft
Proofpoint highlights huge global surge in BEC scams
“75% of our customers were hit with at least one attempted BEC attack in the last three months of 2016—and it only takes one to cause damage."
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Ransomware
APAC is now a 'honeypot' for cyber attacks as most targeted region in the world
Trend Micro’s latest report says that Asia Pacific region was something of a giant honeypot for cyber attacks last year, beating all other regions.
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Cybersecurity
Trend Micro helps INTERPOL bring down notorious Nigerian cybercriminal
Trend Micro has helped INTERPOL catch the leader of a Nigerian cyber criminal ring, responsible for up to $60 million in losses from BEC scams.
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Malware
BEC scams targeting a business near you
BEC scams are low-tech financial fraud in which hoax emails from CEOs are sent to financial staff to request transfers of large amounts of money.