Security News > 2020 > March > Watch out for Office 365 and G Suite scams, FBI warns businesses
The menace of Business Email Compromise is often overshadowed by ransomware but it's something small and medium-sized businesses shouldn't lose sight of.
Bang on cue, the FBI Internet Crime Complaint Center has alerted US businesses to ongoing attacks targeting organisations using Microsoft Office 365 and Google G Suite.
Between January 2014 and October 2019, the Internet Crime Complaint Center received complaints totaling over $2.1 billion in actual losses from BEC scams targeting Microsoft Office 365 and Google G Suite.
Turn on MFA. One takeaway is that despite the rise in BEC attacks on hosted email, this type of email is still more secure than the alternatives provided admins turn on the security features that come with it.
Enable security features that block malicious email such as anti-phishing and anti-spoofing policies.