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Posts Tagged ‘bec’

The FBI warned the global cost of business email compromise (BEC) attacks is $43 billion for the time period of June 2016 and December 2021. According to FBI report, 241,206 complaints were lodged by the agency’s Internet Crime Center (IC3). BEC or email account compromise (EAC) are an advanced scamming technique that targets both employees […]

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Most online services have a built-in security system that alerts you when it detects “unusual” activity on your account. For example, services send notifications about attempts to reset the phone number and e-mail address linked to the account, or the password. Of course, as soon as such messages became commonplace, enterprising cybercriminals tried to imitate […]

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The Chinese hackers responsible for an attack on media giant News Corp last month likely were seeking intelligence to serve China’s interests in a cyberespionage incident that shows the persistent vulnerability of corporate networks to email-based attacks, security professionals said. Reports on Monday revealed that a Jan. 20 incident at Rupert Murdoch’s media giant involved […]

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