CyberNews Briefs

Business Email Compromise Attacks See Almost 500% Increase

A new report by Proofpoint indicates that business email compromise (BEC) scams surged 476% between between Q4 2017 and Q4 2018. Moreover, that same period saw a 226% increase of email fraud attempts targeting businesses..

Other key findings of the research where a dramatic increase (442%) of phishing attacks involving fake social media support accounts and the continued dominance of banking Trojans as malware payloads in email-based attacks, with the sophisticated Emotet Trojan listed as the top malware threat of this kind.

Read more: Business Email Compromise Attacks See Almost 500% Increase

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