BEC scam stories
Microsoft has released its fourth edition of Cyber Signals, highlighting a surge in cybercriminal activity around business email compromise (BEC).
With this investment, Proofpoint customers in Australia are better equipped to comply with local data sovereignty regulations.
Less than 4 in 10 Australian IT decision makers are concerned about phishing as a risk to their organization, according to new research.
Some genuine emails can often look similar to scam emails, which can lead to damaged relationships between businesses and their customers.
Email fraud attacks surged 55% last quarter as criminals focus on targeted strikes, with real estate firms among the hardest hit, reports Proofpoint.
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.
Trend Micro says cybercriminals are becoming more business-minded and are likely to target organisations that are trying to comply with GDPR.
Symantec has revealed malicious emails are on the rise, racking up over US$5 billion and costing businesses more than $115,000 a year.
More than a quarter of all business email compromise (BEC) scams around the world target Australia, new research says.
20% of risky emails bypass security systems, according to Mimecast. Attacks like impersonation grew by 400% QoQ.
Be especially wary of the dangers lurking in your inbox on Thursdays - because that's when malicious email attachments are likely to spike.
BEC scams are becoming more prevalent and sophisticated, costing victims $3.1 billion worldwide, according to the FBI.
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.
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.
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.
More than 8 million malware detections in New Zealand were recorded by Trend Micro in the first half of this year.
