#business-email-compromise

#business-email-compromise

AI and its implications have overtaken ransomware and malware as the primary concern for security leaders.

NioCorp Developments experienced a cyberattack on Valentine's Day, leading to a $500,000 misdirected payment due to a business email compromise scheme.

Microsoft 365 is being targeted by phishing campaigns exploiting domain misconfigurations and account takeovers.

Organizations are urged to adopt advanced security measures and zero-trust principles.

The growing sophistication of BEC attacks, using deepfake technology, presents new challenges for businesses in verifying incidents and handling potential insider threats.