Remove Blocks Remove Compromise Remove Phishing
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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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Advanced Data Security: Safeguarding Your Business In The Digital Age  

VISTA InfoSec

Next, analyze potential risks like malware infections, phishing scams, or disgruntled team members leaking sensitive data. Even if passwords are compromised, those extra identity checkpoints block illicit access attempts. Kick things off with phishing awareness training. Outdated software?

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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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US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows

FICO

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

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FBI Probing Hack Of US Electricity Providers

PYMNTS

The hackers sent phishing emails to the utilities’ employees in an attempt to get malware — dubbed “Lookback” — installed on computers. He added that the company now blocks emails from Hong Kong. “We We never got compromised, and never saw the phishing emails,” he said.

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Tips and Strategies for Securing Cryptocurrency Wallets Against Hacks, Scams, and Other Security Threats

CoinRemitter

Common cryptocurrency wallet attacks Phishing: Phishing is a common way scammers trick people in both cryptocurrency and traditional systems. In an article published on the Block, scams pretending to be crypto-related activities stole almost $300 million in 2023. This is alarming for businesses that accept crypto payments.

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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. Hackers were able to gain entry by compromising a customer support agent’s credentials, Microsoft said in the letter.

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