Business Email Scams
Need an Edge to Your Business? Take a Fresh Look At Your Security Strategy
Sourced from International IDEA As we all start to get a better view of what the future might hold, organisations need to look again at their security strategy. But first, we need to take stock. After the initial shock of lockdowns and mass remote working, what have we learned from the past two years as we all attempted to adjust to the new reality? You’re working in a landscape of increasing threats and vulnerabilities The widespread shift to the cloud to support those working remotely has inadvertently created a much larger attack surface. The sheer number of new locations, devices, and networks organisations are managing today alone calls for a security rethink – a need that’s magnified by a year-on-year increase in threats. And the pandemic has magnified the problem, sending a huge wav...
3 Most Common Cyberscams that Compromise Business Emails
Image sourced from Forbes. Online security firm Kaspersky reports that its cybersecurity experts are increasingly observing BEC (Business Email Compromise) attacks online. Between May and July 2021, Kaspersky says that its security products prevented more than 9,500 BEC attacks globally, including those against businesses in air transportation, industry, retail, IT, and delivery. Such attacks demand significant time and resources, and preparation for them may last from a few weeks to several months. One successful attack may lead to damage worth many millions for a company. During a BEC attack, fraudsters usually initiate an email exchange with a company employee in order to gain their trust and encourage actions that are detrimental to the interest of the company or its clients. To do thi...
