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BEC Attacks: Protecting Against the Most Insidious Cybercrime

SecureWorld News

Ransomware is always the current golden child when it comes to malicious cyberattacks, but did you know that business email compromise (BEC) attacks cost the world more? BEC losses during the last five years total at least $36 billion. In some cases, business owners can lose everything.

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First American Financial Pays Farcical $500K Fine

Krebs on Security

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. It’s easy to see why companies like First American might not view protecting this data as sacrosanct, as the entire industry’s incentive for safeguarding all those sensitive documents is somewhat misaligned.

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The Phight Against Phishing

Digital Shadows

We’re talking about the email attack variety. But, never mind the dozens of other reports and white papers about phishing that come out every year from security industry leaders, let’s take a look at the 2021 Verizon DBIR. In any case, phishing can lead to some big trouble for organizations. What is Phish(ing)?

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How to Improve Email Security for Enterprises & Businesses

eSecurity Planet

Most organizations use email as a basic communication method. Unfortunately, text-based email protocols are extremely vulnerable to hacking and email has become the primary vector for cyber attacks. Critical features provide the base requirements of email security.

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Large-Scale AiTM Attack targeting enterprise users of Microsoft email services

Security Boulevard

There are multiple evasion techniques used in various stages of the attack designed to bypass conventional email security and network security solutions. The campaign is specifically designed to reach end users in enterprises that use Microsoft's email services. This is not an exhaustive list of industry verticals targeted.

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What Are the Cyber Security Trends Around the World?

Thales Cloud Protection & Licensing

Technological and societal developments and a pandemic have utterly changed the business landscape as we knew it. In many cases, COVID-19 caused an amplification of existing cybercrimes, exacerbated by a significant increase in the number of people working from home.”. Let’s have a look at the trends shaping the cybersecurity industry.

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IT threat evolution Q1 2021

SecureList

The company’s Orion IT, a solution for monitoring and managing customers’ IT infrastructure, was compromised by threat actors. Lazarus targets the defence industry. Lazarus made use of COVID-19 themes in its spear-phishing emails, embellishing them with personal information gathered using publicly available sources.

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