7 Signs Your Organization Is Vulnerable to Business Email Compromise
Summary: The FBI IC3's 2024 Internet Crime Report documented $55 billion in cumulative business email compromise losses over the past decade, including $3 billion in 2024 alone. The article attributes BEC's success to its use of plain-text impersonation messages that carry no malicious payload, leaving content-scanning gateways and native platform filters blind to them.
What you should know: BEC is described as the most financially destructive enterprise-targeted cyber threat in the country, and the article notes that a single fraudulent message sitting in an inbox raises the odds someone acts on it, with manual investigation taking 30 minutes or more per event. The attackers are already inside trusted conversations, so perimeter defenses never see the messages that matter.
Read the original at The Hacker News ↗
- Topics
- Phishing & Social Engineering
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