Arctic Wolf®, a global leader in security operations, published findings from its annual State of Cybersecurity: 2024 Trends Report, based on a global survey the company commissioned from Sapio Research of over 1,000 senior IT and cybersecurity decision-makers from over fifteen different countries.
Tag: Business Email Compromise
70% of Firms Faced BEC Attacks in 2023: Arctic Wolf
Business email compromise now ranks as a top attack method, with 70% of organizations saying they’ve faced a BEC attempt in the last year and 29% actually falling victim to at least one attack, according to a new report from Arctic Wolf.
FBI Warns that BEC Attacks Now Also Target Food Shipments
The food sector is now also targeted in business email compromise (BEC) attacks that aim to steal entire shipments of food.
Ransomware, Email Compromise Are Top Security Threats While Deepfakes Increase
While ransomware and business email compromise (BEC) are the most common causes of security incidents for businesses, geopolitics and deepfakes are becoming more prevalent, according to reports from two leading cyber security firms. According to VMware’s 2022 Global Incident Threat Response Report, there is a steady increase in extortionate ransomware attacks and BEC, as well… Continue reading Ransomware, Email Compromise Are Top Security Threats While Deepfakes Increase
New Whitepaper Explores Evolution of Email Cyber Crime
Chubb has released a new whitepaper outlining how cyber criminals have evolved their deceptive practices around email cyber crimes, including the use of Business Email Compromise (BEC). The paper, “Email: Is the Digital Door Propped Open for Identity Hijackers?,” explores how BEC works, why it is successful, and the importance of using multi-factor authentication as… Continue reading New Whitepaper Explores Evolution of Email Cyber Crime