Email fraud: Protect your business from major losses

Email attacks are more prevalent than ever, and it’s likely your business will face one if it hasn’t already.

Business email compromise (BEC) attacks involve criminals posing as colleagues or vendors of the victim and asking to be sent payments or other sensitive data.

A recent report from email security company Agari found in the second half of 2017, businesses faced an average of 45 BEC attacks that were able to bypass security gateways.

Because these methods don’t include a malicious attachment, they’re able to avoid security methods.

Attackers use spoofing, look-alike domains and display name deception to get around traditional security, and organizations like Google and Facebook have lost millions in attacks.

Security measures

To keep your business safe, implement a second-step security system beyond conventional secure email gateways.

Secure gateways usually apply spam filtering, anti-virus, URL and malware analysis, but they don’t always catch BECs. Adding a second layer of protection and filtering after the secure gateways can stop a BEC attack.

Training employees about the prevalence of these attacks can ensure your business remains protected.

Info: tinyurl.com/BEC490