Remove Breach Remove Business Email Compromise Remove Ransomware
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Cyberattackers Turn To Payments Fraud, Ransomware As Tech Firms Fight Back

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40 percent is the portion of business email breaches that happened on websites used for personal uses , according to a new study that indicates that the use of company emails for personal use by staff is making companies vulnerable, as cited by IT Brief. NordVPN Teams researchers looked at worldwide breach activity and examined more than 1.7

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The Big Spike In ‘CEO Fraud’

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Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. As for the areas where scammers managed the biggest hits, business email compromise (BEC), confidence/romance fraud and spoofing were the top three types of crime in terms of monetary losses.

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New Cyberattacks Surface To Steal Corporate Funds

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The latest research in small business cybersecurity has revealed the relentless nature of the threat, with new strategies emerging and new strains of ransomware rearing their ugly heads. As a result, 71 percent of ransomware attacks are now targeting small businesses, according to a report released by Beazley Breach Response (BBR).

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Hacker Tracker: Sabre Investigating Breach, Card Testing On The Rise

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It’s been a big week in the broader cybersecurity realm, starting with a data breach of Sabre Corporation’s hospitality unit. BEC fraud has been on the rise across the globe, seeing a 45 percent spike quarter-over-quarter in Q4 2016, and costing the world billions. Ransomware, Cyberespionage On The Rise.

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Surprise: The C-Suite Falls For Invoice Scams The Most

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Employees certainly need more training to be able to detect a business email compromise (BEC) when they see one. A fifth of survey respondents who had been hit by some type of cyberattack said it was the result of a BEC, making this cybercrime the number one tactic fraudsters use. Additional Attacks Putting the Enterprise at Risk.

Scams 41
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Simplifying The B2B Cybersecurity Shopping Experience

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Healthcare is another major industry that Whitney said is one of “the most at-risk for ransomware and data breaches” with federally mandated patient privacy requirements (HIPPA) being widely implemented and having a compliant IT security framework that is up to date and in place is essential.

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Mastercard Cybersecurity Toolkit Sheds Light On SMB Education Gap

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Citing 2018 data from Verizon, Mastercard noted research that suggested the majority of cyberattacks are actually targeted at SMBs, ranging from phishing scams and the Business Email Compromise (BEC) to malware and ransomware attacks.