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Business email compromise (BEC) is a form of cybercrime that targets companies engaged in wire transfer payments and other financial transactions. The FBI reports that BEC scams have caused ...
The purpose and primary outcome of implementing DMARC is to protect a domain from being used in business email compromise attacks, phishing email and email scams. Once the DMARC DNS entry is published, any receiving email server can authenticate the incoming email based on the instructions published by the domain owner within the DNS entry. If ...
Cases where criminals pose as a co-worker to steal money from companies have been on the rise since the start of the COVID-19 pandemic. These cyberschemes—known as business email compromise, or ...
Phishing and business email compromise scams generally involve an element of email spoofing. Email spoofing has been responsible for public incidents with serious business and financial consequences. This was the case in an October 2013 email to a news agency which was spoofed to look as if it was from the Swedish company Fingerprint Cards.
A cybersecurity regulation comprises directives that safeguard information technology and computer systems with the purpose of forcing companies and organizations to protect their systems and information from cyberattacks like viruses, worms, Trojan horses, phishing, denial of service (DOS) attacks, unauthorized access (stealing intellectual property or confidential information) and control ...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
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