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The 2022 Email Security Trends Report from Abnormal Security found that 72% of enterprises have experienced over five security incidents due to email threats in the past year.
Operation Eagle Sweep, conducted by the FBI, targeted business email compromise (BEC) scammers believed responsible for targeting over 500 U.S. victims and causing losses exceeding $51 million
Let's dive into what spear phishing is and how security teams can effectively tackle this very targeted method of digital attack, especially now that hackers are picking up their pace.
Two large phishing attacks, aimed at a combined 10,000 victims, spoofed emails from FedEx and DHL Express in an attempt to steal their targets' business email account credentials.
The U.S. Federal Bureau of Investigation (FBI) issued a Private Industry Notification alert, noting that cybercriminals are increasingly implementing auto-forwarding rules on victims' web-based email clients to conceal their activities. According to the FBI, cybercriminals then capitalize on this reduced visibility to increase the likelihood of a successful business email compromise (BEC).
In this ongoing virtual environment, organizations remain highly vulnerable to the significant cybersecurity risks exposed by widespread remote work - business email compromise (BEC), in particular. How did business email compromise become such a serious threat for organizations, and why should cyber insurance be top of mind right now, as a result? Let’s dive in.
Data from 25,000 small-to-midsize organizations reveals ransomware as the top cyber insurance incident in the first half of the year, with the average ransomware demand increasing 100% from 2019 through Q1 2020
October 13, 2020
Coalition announced the results of its H1 2020 Cyber Insurance Claims Report. The report explores top cybersecurity trends and threats facing organizations today, in addition to data showing the impact of COVID-19 on cyber insurance claims. The report garners insights from the incidents reported across 25,000 small and midsize organizations.
