Security News > 2018 > February > BEC scams surge, cybercriminals target nearly all organizations

96 percent of organizations have received business email compromise (BEC) emails during the second half of 2017, according to Agari. “BEC is a particularly effective attack vector because its lack of payload makes it nearly impossible for conventional email security solutions to detect and prevent,” said Markus Jakobsson, chief scientist, Agari. “At its core, business email compromise is a social engineering attack that leverages familiarity, authority and trust, which can result in billions of dollars … More →

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