As of 2018, global losses to BEC have exceeded US$12 billion. To keep abreast of the landscape that scammers are operating in, we look back on some of the noteworthy incidents and trends that made BEC a headline staple this year.
Continued innovations in mobile technology enable businesses to respond to growing demands. Here are some best practices to make sure that the whole enterprise is protected against constantly evolving threats.
Cybercriminals hack legitimate email accounts to enter the IT premises of an organization and carry out attacks ranging from fraud and spying to information and identity theft. Find out how AI and machine learning can be used to outsmart email hackers.
The Federal Bureau of Investigation (FBI) issued a public service announcement (PSA) regarding the continued increase of Business Email Compromise (BEC) scams, which total global losses have already reached over US$12 billion in 2018.
While the GDPR will require businesses to comply with rules that will ultimately protect customer data, concerns have been raised regarding how it will tackle automation in data analytics as the market for artificial intelligence (AI) continues to grow.
An emerging threat actor called Gold Galleon targets maritime shipping companies, related businesses, and their customers in business email compromise (BEC) and social engineering attacks.
Due to BEC’s evolving and treacherous nature, run-of-the-mill best practices and security solutions have become weak to withstand attacks. Find out how advanced solutions that utilize artificial intelligence and machine learning help in defending against BEC.