Sophisticated Email Attacks Against Businesses Are Up Exponentially

 

The top tactic preferred by cybercriminals is the use of what is known as Impersonation fraud or more commonly as Business email compromise (BEC). Since these rarely involve malware, it is especially hard for traditional security software to catch them. What hackers who use this tactic do is spend time doing voluminous research on social media aimed at engineering a strategy for attacking a particular target to get information that will lead to a massive payday. Unfortunately, these types of attacks have seen a meteoric rise 2X quarter over quarter. You are not immune. Now is the time to secure your defenses includes tightening your network access (to make sure a hacker is not lurking on your email server), locking down your social media accounts, and conducting some extensive employee training.