Business Email Compromise Attacks Increasingly Widespread in August
The fraction of companies receiving BEC (Business Email Compromise) attacks each week increased steadily throughout August, from slightly less than 70% at the beginning of the month to over 99% by August
September 23, 2020
Erin Ludert
Credential Phishing Attack Volume is Comparable to Spam
This is our second installment of a monthly series to surface trends in email attacks. Our installment this month discusses trends we observed in July.
August 26, 2020
Erin Ludert
How Attackers Bypass MFA and Conditional Access to Compromise Email Accounts
Abnormal Security has detected an increase in BEC attacks that successfully compromise email accounts despite multi-factor authentication (MFA) and Conditional Access. While MFA and modern authentication protocols are an important advancement in
August 6, 2020
Erin Ludert
Payment Inquiries: The Precursors to Invoice and Payment Fraud
Abnormal has detected campaigns targeting our customers where malicious actors will impersonate major brands and reach out to accounting teams to ask if there are any outstanding invoices for the company they
July 30, 2020
Ken Liao
Challenging Verizon’s CIS Control Recommendations for Socially-Engineered Business Email Compromise Attacks
While Verizon’s annual Data Breach Incident Report (DBIR) has always offered recommendations on defense and controls through its findings, this year the report shares formal, standardized security control recommendations to readers. In
July 10, 2020
Ken Liao
Invoice & Payment Fraud BEC Attacks Are On The Rise
This is our first installment of a monthly series we’re launching to surface trends in email attacks. Our installment this month discusses trends we observed in May.
June 29, 2020
Erin Ludert
Protect Against the Unique Sophistication of Financially Motivated Social Engineering (FMSE) Attacks
Business email compromise (BEC) is a billion-dollar business for threat actors. According to the FBI’s Internet Crime Complaint Center (IC3), BEC scams have led to $26 billion in losses in the last
June 23, 2020
Ken Liao
The State of Business Email Compromise Q1 2020: Attacks Shift From the C-Suite to Finance
Every day, we track and prevent email security threats for our users, which gives us enormous insight into where and how attackers attempt to infiltrate a business through email.
June 17, 2020
Ken Liao
What is Business Email Compromise?
According to the FBI’s Internet Crime Complaint Center (IC3) reports, Business Email Compromise (BEC) represents the single greatest cause of financial loss from cybercrime, accounting for more than 50% of all financial
June 12, 2020
Ken Liao
Phishing Click Rates Decline While Socially-Engineered Attacks Grow
Cyber threats are constantly evolving. Cybersecurity teams are most effective when they deploy defenses that protect against the threats that pose the greatest risk at any given time. Socially-engineered attacks — one
June 11, 2020
Ken Liao
What Abnormal Security’s Cool Vendor Recognition Says About the Email Security Market
Last week, we were proud to announce that Abnormal Security was named a Gartner Cool Vendor in Cloud Office Security. This is an important recognition for the company as well as a
May 11, 2020
Evan Reiser
ESG Survey Explores Gaps in Business Email Compromise (BEC) Controls in Cloud Email Platforms
To track the history of email security, there’s no better gauge than the FBI Internet Crime Complaint Center (IC3)’s annual Internet Crime Report. Prior to 2015, phishing and spoofing were included among
February 27, 2020
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