Global law enforcement is celebrating a huge victory after disrupting a massive business email compromise hacking gang thought to have targeted hundreds of victim organizations over the past few …
Continue Reading about Global Police Arrest 65 in Multimillion-Dollar BEC Bust
The US has sent a Plano resident to jail over BEC scams after finding him guilty of conspiracy to commit bank fraud, wire fraud, money laundering, aggravated identity theft, and mail fraud. Babatope …
Business email compromise (BEC) attacks targeting financial services organizations increased by a whopping 60% between 2017 and 2018, a new Proofpoint report shows. The research also found that BEC …
Continue Reading about FinServ Sees 60% Spike in Business Email Compromise
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 …
Continue Reading about Business Email Compromise Attacks See Almost 500% Increase
According to a new report by Valimail, the vast majority of U.S. federal government agencies have successfully adopted Domain-based Message Authentication Reporting & Conformance (DMARC), a …
Continue Reading about Email authentication use growing steadily in every industry sector
Cybersecurity experts have noticed an uptick in business email compromise (BEC) scams in which threat actors go after monthly employee paychecks. The scam starts with a threat actor impersonating …
Continue Reading about BEC Scammers Go After Employee Paychecks
