FBI: BEC now a $26 billion fraud, as HR payroll diversion attacks linked to same scammers
Business email compromise fraud shows no signs of slowing, according to new figures from the FBI.
Business email compromise fraud shows no signs of slowing, according to new figures from the FBI.
Criminals listen to FBI advice to tackle email fraud by picking up the phone
Despite growing awareness, scammers are managing to steal more from Australians than ever
David Braue | 28 Aug | Read more
Australian businesses lost more than $7.2 million to email scammers last year and Australians are being hit harder by fraud than peers in many other countries, according to new figures that also flagged a 53 percent jump in business email compromise (BEC) last year.
David Braue | 01 May | Read more
LockerGoga could create a sharp pain for businesses in the short term.
What we are seeing across the region is that it is not one specific country being "hacked" more than another - but what we are seeing that the cyber criminals are looking for general weaknesses in our environment.
The cost of Business Email Compromise (BEC), and Impostor email has risen to $5.3B and is impacting employees, business partners and customers of organisations around the world. In order to protect all the groups that are targeted by BEC requires deep visibility into email, and the expertise to build and deploy email authentication policy. Proofpoint Email Fraud Defense (EFD) is designed to block criminals that spoof your trusted domains to trick victims, both inside and outside of your organisation, into sending money and other sensitive information to the attacker. The DMARC (Domain-based Message Authentication Reporting & Conformance) standard is the most powerful weapon to date in the fight against phishing and spoofing. In this guide, you will learn: What DMARC is and how it works The benefits of DMARC Key stats and success stories Step-by-step implementation instructions