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Business Email Compromise stories

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Customer records compromised in 29% of NZ orgs - Trend Micro
Thu, 24th Nov 2022
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data protection
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trend micro
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cyber risk
"To avoid the attack surface spiralling out of control, they need to combine asset discovery and monitoring with threat detection and response on a single platform."
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The growing threat of CEO fraud and how to mitigate it
Tue, 4th Oct 2022
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cybersecurity
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online fraud
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secureworks
By posing as the CEO or other senior figures, attackers guarantee that malicious emails get employees' attention. Many employees are reluctant to question a request from their CEO, so they usually provide the information.
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Breaking down BEC – the costliest risk facing your organisation
Tue, 4th Oct 2022
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proofpoint
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fraud
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cyber attacks
According to the Australian Cyber Security Centre’s Annual Cyber Threat Report 2020-21, BEC cost Australian organisations AUD$81 million during a twelve month period.
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Spamhaus teams up with Validity to fight malicious emails
Wed, 11th Aug 2021
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email security
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email
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business email compromise
"IP and domain reputation data contains fingerprints of malicious behaviour. Therefore, it is vital to expand the breadth of data shared, analysed, and utilised globally."
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DDoS campaigns, BEC scams & Emotet: CERT NZ reports top security threats
Wed, 25th Nov 2020
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malware
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ddos
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cybersecurity
It has been yet another tumultuous quarter for New Zealanders and their wallets, with almost $6.4 million in reported financial losses due to cybersecurity incidents.
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Five ways to ensure cyber-criminals don’t damage your business over Christmas break
Mon, 16th Dec 2019
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network management
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network security
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firewall
The Christmas period creates a series of opportunities for threat actors to compromise business owners and steal credentials and data for illicit use, Watchguard finds.
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Check Point researchers uncover how to steal $1 million by email
Mon, 9th Dec 2019
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investment
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capital raising
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venture capital
A series of spoofed emails enabled a Hong Kong-based hacker to make off with a million dollars.
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Barracuda announces general availability of forensics and incident response offering
Tue, 1st Oct 2019
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email security
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barracuda
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business email compromise
The standalone solution gives customers and service providers the ability to increase email security with automated incident response and threat insights.
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Spear phishing techniques evolving to execute lateral attacks – Barracuda
Thu, 22nd Aug 2019
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phishing
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email security
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barracuda
Barracuda’s research uncovered fresh insights into how these popular attacks are evolving and the tactics used by cybercriminals to try to make them successful.
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Native email security systems inadequate – Mimecast
Mon, 17th Jun 2019
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email security
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mimecast
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report
In the report, 85% of the 1,025 global respondents experienced an impersonation attack in 2018.
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Forrester names Proofpoint leader in enterprise email security
Tue, 11th Jun 2019
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email security
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dlp
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forrester research
Email remains the preferred attack vector for cybercriminal activity, from low-level cybercriminals to nation states.
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Forrester names Trend Micro Leader in email security
Thu, 23rd May 2019
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email security
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trend micro
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forrester research
TrendMicro earned the highest score for technology leadership, deployment options and cloud integration.
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Email attacks targeting financial services up 60% - Proofpoint
Wed, 1st May 2019
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cybersecurity
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proofpoint
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report
These attacks are socially engineered to target specific people within financial services organisations who can execute requests on the attacker’s behalf.
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Built-in email security measures inadequate - Trend Micro
Tue, 5th Mar 2019
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phishing
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email security
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trend micro
The Cloud App Security report details how escalating email threat levels are exposing organisations to an increased risk of fraud, spying, information theft, and spoofing.
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Massive jump in email fraud targeting healthcare - Proofpoint
Tue, 12th Feb 2019
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phishing
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it in healthcare
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email security
The report analyses more than 160 billion emails sent across 150 countries in both 2017 and 2018 to identify email fraud attack trends.
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Email fraud increased by 476% in last year - Proofpoint
Fri, 8th Feb 2019
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phishing
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email security
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report
As these threats continue to grow in volume and sophistication, it is imperative that organisations implement a people-centric security approach.
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Phishing emails only going to get smarter, warns security firm
Wed, 9th Jan 2019
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phishing
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email security
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barracuda
Phishing emails typically mimic the look and feel of an email written by someone in authority, such as a bank, or even a colleague.
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Scamwatch issues urgent warning about BEC scams
Mon, 26th Nov 2018
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endpoint protection
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cybersecurity
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scams
Scamwatch is warning Australian businesses to take an urgent look at how they deal with accounts and invoices.
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Exclusive: Over half of ASX companies at risk of email fraud
Thu, 30th Aug 2018
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email security
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dlp
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proofpoint
Businesses can be more susceptible to phishing attacks and business email compromises (BEC) than they realise.
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