For the seventh year in a row, business email compromise produced the largest losses of any type of cybercrime, according to Steve Dougherty of the U.S. Secret Service. He says organizations need to build and maintain relationships with law enforcement agencies before an attack happens.
Putting banners in emails to alert recipients to the potential dangers lurking in messages is a highly effective way to keep employees safe from phishing attacks. A lot of specialists in anti-phishing technology fall into a category analyst firm Gartner calls Cloud Email Security Supplements (CESSs). Every one of...
Abnormal Security is out with new financial crimes research, and it
shows that traditional business email compromise is evolving into
new forms of financial supply chain compromise. Crane Hassold
shares insights on the crimes and how best to detect, deter and
respond to them.
In a video interview with Information...
At the start of 2021, vaccine rollout let people imagine an end to pandemic disruption. But some of the world’s smartest cyber criminals weren’t interested in returning to business as normal. Over the first half of the year, a series of ransomware attacks on global infrastructure pushed cybersecurity to the top of...
If you think the only way your network and devices can be compromised via email is phishing, think again!
A majority of data breaches are caused by attacks on the human layer, but email hacking is much more than phishing and launching malware. From code execution and clickjacking to password theft and rogue forms,...
This annual survey seeks to evaluate the current and projected impact of fraud on the finance and treasury environment. Practitioners from all industries are polled on their experiences with fraud and on the range of controls, safeguards and security practices employed to protect their financial assets and...
Though less eventful than its predecessor, 2021 was another blockbuster year for cybersecurity. With 2020’s scramble to enable remote working fading from memory, securing hybrid setups in the long term presented a new and complex challenge.
At the same time, cybercrime went prime time. High-profile cyber-attacks...
Let’s face it: phishing threats are getting into your end users’ inbox.
Over 50% of phishing emails are bypassing existing email security EVERY month delivering phishing threats to tempt users to click and give up network or personal credentials, activate malware, or scams like business email compromise...
Solving this conundrum can be a challenge and some banks struggle to deploy technology environments enabling them to capitalize on data.
Fraud knows no boundaries, so organizations must also keep a constant watch on the threat landscape. But automation, and technology, alone cannot solve this problem: insights can...
Financial services firms lose an average of $18.5 million per year through malicious activity like leaked credentials, payment fraud, money laundering, fake account registration, loyalty abuse, and more. Fraud prevention depends on effective intelligence gathering, and few firms have the tools or personnel to...
The new Expel Quarterly Threat Report provides data on what we’re seeing,
detection opportunities, and resilience recs to help protect your organization.
We’ll dive into the trends in this report, based on incidents the Expel security
operations center (SOC) team identified through investigations into...
Material Security has closed a $100 million funding round on a $1.1 billion valuation to extend its protection of sensitive content at rest beyond email. The startup will take patents for defending content in old emails and apply them to SaaS applications such as Dropbox, Google Drive and Slack.
Mimecast has released its latest State of Email Security Report, and it finds that 75% of companies were hurt by ransomware attacks in 2021 - up from 60% in 2020. Thom Bailey analyzes these results and discusses the role of emerging technology in building cyber resilience.
In this video interview eBook with...
The Financial Services industry has seen a 1000%+ increase in the amount of ransomware attacks hitting their organizations. It is also one of the most targeted verticals out there. We know why this is a favored target; because that’s where the money is. The question to be answered is identifying the attack vector...
Abnormal Security has closed a $210 million funding round on a $4 billion valuation to apply its account takeover prevention technology to areas other than email. The company wants to use its AI to protect accounts across systems and SaaS platforms and in environments such as Workday and Salesforce.
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