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BEC Cash-out Methods: Email Fraudsters Experimenting With Alternative Approaches

Business email compromise ( BEC ) actors are exploring alternative cash-out methods for spiriting away the profits from their crimes. Traditional bank accounts have long been the go-to choice for email scammers seeking to cash out the funds they've pilfered from organizations they victimize. Just since 2016, BEC groups have defrauded businesses out of more than $26 billion worldwide. But over the...
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Office 365 Phishing Emails: Prevention, Detection, Response

Office 365 phishing emails come in common patterns. I'll list them here and also cover Office 365 anti-phishing features for prevention, detection, and response. Today, the typical Office 365 phishing emails direct users to fake Office 365 Sign-in pages. The victim submits their credentials, effectively handing over their password. Fraudsters use that login to access the victim’s address book...
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Agari Fall ' 20 Release Boosts CISO Confidence in Enterprise DMARC Deployment

With cyber gangs leveraging business email compromise (BEC) attacks that actively exploit their targets' level of DMARC adoption, CISOs have been ratcheting up email security. Until now, the need to dial up defenses against imposters posing as senior executives in email attacks has been increasingly forcing legitimate business correspondence into quarantine. The chain reaction kneecaps commerce...
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Phishing: How to Protect Against Email Attacks Sent from Compromised SendGrid Accounts

Blocking SendGrid email traffic isn't a realistic option for most businesses hit by a barrage of phishing attacks emanating from compromised accounts at the Twilio-owned email service provider in recent months. Instead, Agari leverages a strategic data modeling approach to neutralize the threat while enabling legitimate SendGrid-distributed emails to safely reach employee inboxes. More on that in...
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DMARC: How Phishing Rings Can Use Your Email Authentication Controls Against You

In the first reported case of its kind, a phishing ring in Eastern Europe is exploiting companies' own Domain-based Message Authentication, Reporting and Conformance ( DMARC ) controls to impersonate CEOs in business email compromise (BEC) scams worth millions. As detailed in our new threat actor dossier on a group we call Cosmic Lynx , the Agari Cyber Intelligence Division (ACID) has identified...
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Business Email Compromise: New Shift in BEC Threat Landscape Puts CISOs on Notice

A seismic shift in the email threat landscape has CISOs bracing for sophisticated new forms of business email compromise (BEC) scams, as phishing's center of gravity begins to tilt from West African email scammers toward Russian and Eastern European cybercrime lords. As detailed in our new threat actor dossier on a threat group we call Cosmic Lynx , the Agari Cyber Intelligence Division (ACID) has...
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Understanding Email Identity

One of the things that often stumps even the most security conscious companies is knowing all the third-party email service providers they are working with. It is extremely difficult, if not impossible for these organizations to protect their customers from phishing attacks if they don’t even know who is sending legitimate email on their behalf. And this gets even more challenging when you...
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Security Professional Pain Points – and How to Solve Them

Ask any security professional what the number one pain point is within their organization, and chances are they’ll say ‘user behavior’…with ‘malware’ coming in as a very close second. And while these issues are very different on the surface, they do have one thing in common: both are often the cause of high-profile data breaches, largely in part to the increased use of spear phishing email...