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What is Business Email Compromise (BEC)?

Nanonets

Business Email Compromise (BEC) is a cyber threat that exploits the vulnerabilities of email communication. Perpetrators impersonate trusted entities, such as executives or vendors, employing social engineering techniques to coerce employees into compromising actions. What is Business Email Compromise (BEC)?

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What Are the Risks of Business Email Compromise & How Can You Prevent Them?

Seon

Business email compromise (BEC) attacks can be a major risk to businesses’ finances and reputations. Let’s look at what business email compromise attacks are and explore some of the many ways you can combat them. What Is a Business Email Compromise Attack? Reported losses in 2020 exceeded $4.2

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Advanced Data Security: Safeguarding Your Business In The Digital Age  

VISTA InfoSec

A crafty hacker could infiltrate accounts secured by flimsy credentials. Even if passwords are compromised, those extra identity checkpoints block illicit access attempts. A single compromised login could damage your entire network. Simplistic credentials are entry points for hackers.

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How to Use the Terraform Destroy Command to Control Cyber Attack Damage

VISTA InfoSec

To do this, the specific resource has to be identified by running the “plan” command and then editing the configuration file to remove the block that defines the resource targeted for deletion. These storage resources can be compromised and lead to data leaks similar to the unsecure S3 bucket of THSuite reported in 2020.

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Visa Combats Enumeration Attacks With New Generative AI-Powered Anti-Fraud Tool

The Fintech Times

With the VAAI Score, our clients now have access to real-time risk scoring that can help detect the likelihood of an enumeration attack so issuers can make more informed decisions on when to block a transaction. ” At Visa, security and reliability are top priorities year-round.

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Visa Targets Bot-Driven Financial Fraud with New AI Feature

Fintech News

With the VAAI Score, our clients now have access to real-time risk scoring that can help detect the likelihood of an enumeration attack so issuers can make more informed decisions on when to block a transaction.” Michael Jabbara “With access to advanced technology, fraudsters are monetising stolen credentials faster than ever before.

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Microsoft Admits Breach Of Web-Based Email Accounts

PYMNTS

According to reports citing Microsoft, the company confirmed that a “limited” number of webmail users — including @msn.com and @hotmail.com — saw their accounts compromised by hackers. It also appears the bad guys didn’t access login credentials including passwords. Microsoft said affected users should change their passwords.

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