Business Email Compromise stories

AI advancements are boosting cybercrime in Australia, with infostealer malware and deepfake scams costing businesses millions despite MFA safeguards.

Red Sift partners with Gradian to boost access to its OnDMARC email security, enhancing protection against AI-driven cyberattacks for UK businesses.

Experts warn poor password management risks account fraud as 27% of businesses lack strong password policies, spotlighting security on World Password Day.

Expel expands its managed detection and response service to tackle email threats, integrating with Proofpoint, Abnormal Security, and Sublime Security.

Australian organisations face rising cyber threats bypassing MFA, prompting a shift to passwordless authentication and a AUD $288.1 million government security boost.

A recent report by Arctic Wolf reveals cybercriminals are evolving their tactics, with 96% of ransomware cases now involving data theft to maximise ransom pressure.

Research by Proofpoint reveals only 12% of Asia Pacific firms use essential email authentication, exposing them to a surge in phishing attacks.

ReliaQuest's new report reveals a worrying 24% rise in ransomware attacks on the manufacturing sector, impacting 624 companies between August 2024 and January 2025.

Cybercrime has overtaken state-sponsored hacking as the main online threat, with healthcare and energy sectors particularly vulnerable, warns Google.

CyberCX's 2025 Threat Report reveals troubling trends, with espionage detection times rising to over 400 days and ransomware incidents surging to 38%.

VIPRE Security Group's annual report reveals over 90% of 7.2 billion processed emails in 2024 were spam, with ominous trends projected for 2025.

As the cybersecurity landscape evolves, organisations must adapt to emerging trends in 2025, prioritising cloud solutions, AI risks, and skills shortages.

New research from Abnormal Security highlights a 26.9% rise in advanced email attacks in the Asia-Pacific, with phishing emerging as the leading threat.

As cybersecurity predictions flood in for 2025, analysts warn against sensationalist claims, emphasising the dangers of AI in attacks like Business Email Compromise.

Sophos has seen its Managed Detection and Response services grow by 37%, now safeguarding over 26,000 organisations worldwide amid rising cyber threats.

Abnormal Security has earned recognition as a Leader in the first-ever Gartner Magic Quadrant for Email Security Platforms, showcasing its innovative AI solutions.

Trend Micro has been named a Leader in the 2024 Gartner Magic Quadrant for Email Security Platforms, highlighting its innovative, AI-driven solutions.

Check Point Software Technologies has been recognised as a leader in the 2024 Gartner Magic Quadrant for Email Security Platforms, solidifying its position in cyber defence.

As the festive season approaches, experts warn of rising cyber threats, urging organisations and individuals to strengthen their digital defences during this vulnerable period.

Arctic Wolf Labs has uncovered a major 0-Day vulnerability in Cleo Managed File Transfer products, with ongoing exploitation since December 2024.