Ex-employee sued by firm after falling for BEC scam
Email fraudsters cost a woman her job and her employer a ton of money.
Email fraudsters cost a woman her job and her employer a ton of money.
“These are malicious and morally repugnant crimes,” says US Attorney General Jeff Sessions.
Business email compromise (BEC) attacks have become the most lucrative form of cybercrime for increasingly meticulous, strategic criminals – and forthcoming changes in Australian banking settlements will turn local businesses into globally appealing targets, a security executive has warned.
David Braue | 19 Oct | Read more
Just today, it was reported Austrian aircraft parts maker FACC AG lost €34M in an email scam. While €10.9 were recovered, the CFO and CEO were both fired earlier this year.
Anthony Caruana | 26 May | Read more
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