Resources

Blog

BEC Attacks: What They Are, How to Spot Them, and What to Do

Here we’ll cover what BEC attacks are, how they work, what they usually look like, and how to handle them. What is a BEC Attack? 7 Common BEC Attack Patterns Top Identity Deception Techniques How Can BEC Attacks be Stopped? What's the Best Way to Recover From a BEC Attack? What is a BEC Attack? First, let me explain what a BEC attack is. In short, Business Email Compromise phishing occurs when...
Press Release

Agari Dispels Myth of Where Phishing Criminals are Located

FOSTER CITY, Calif. and LONDON (Oct. 13, 2020) -- Agari, the market share leader in phishing defense for the enterprise, unveiled today the results of a year-long investigation into geographic locations of business email compromise (BEC) cybercriminals. Today’s announcement pinpoints for the first time where email scammers are located globally and maps their tangled web of money mules. Agari Cyber...
Blog

The Global Reach of Business Email Compromise (BEC)

Over the last five years, Business Email Compromise (BEC) has evolved into the predominant cyber threat businesses face today. Since 2016, businesses have lost at least $26 billion as a result of BEC scams and, based on the most recent FBI IC3 report , losses from BEC attacks grew another 37 percent in 2019—accounting for 40 percent of all cybercrime losses over the course of the year. The...
Blog

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...
Blog

Brand Indicators for Message Identification (BIMI) Adoption Soaring to New Heights

For a growing number of email marketers, it may be "BIMI or bust." As of June 30, nearly 5,300 companies have adopted Brand Indicators for Message Identification ( BIMI ), a new email standard for showcasing a brand's logo next to its email messages in recipient inboxes, with built-in protections against phishing-based brand spoofing. The tally reflects a 3.8X increase in the number of brands...
Blog

Why Full DMARC Protection is a Pressing Business Imperative in 2020 and Beyond

If you haven't deployed Domain-based Messaging Authentication, Reporting, and Conformance (DMARC) to protect your brand from being impersonated in phishing scams, there are pressing reasons to jump on it now. Without a doubt, these are extraordinary times for individuals and organizations alike as we've been forced to change the way we work, shop, play, and live seemingly overnight, and for far...
Blog

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...
Blog

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...
Blog

Cosmic Lynx: A Russian Threat Hits the BEC Scene

“At some point, Russian and Eastern European cybercriminals are going to start thinking to themselves, ‘Why am I spending all of this time and money setting up infrastructure and hiring malware developers when I can just send someone an email, ask them to send me money, and they’ll do it.’” For more than a year, this is a line we have used over and over again, expecting that some of the world’s...
Blog

Agari Summer '20 Release: CISOs Gain Unique Threat Intel to Their Organizations

With business email compromise (BEC) scams up sharply amid the coronavirus pandemic, CISOs have been forced to scour an expanding but largely inscrutable email threat landscape in hopes of fending off costly attacks—until now, that is. In an industry first, the new Agari Summer '20 Release offers CISOs access to real-world intelligence on specific phishing threats unique to their organizations...
Blog

Phishing: With Zero-Day Email Attacks Rising, Are Some Companies Giving Up the Fight?

Amid a troubling rise in zero-day phishing attacks, recent research suggests that some companies may be making an ill-advised shift away from blocking advanced email threats to responding to them post-delivery. If true, the capitulation couldn't come at a worse time. Since January, cybercriminals taking advantage of the COVID-19 outbreak have been targeting businesses and individuals with an...
Blog

Preventing Phishing Attacks:  The Dangers of Two-Factor Authentication

Are you protecting your remote workers against an endless barrage of COVID-19 related phishing attacks by requiring 2-factor authentication (2FA) to log into employee email accounts? Smart move—just don't let it give you a false sense of security.
Blog

Scattered Canary Cybercrime Ring Exploits the COVID-19 Pandemic with Fraudulent Unemployment and CARES Act Claims

Recently, news broke about how a sophisticated Nigerian cybercriminal organization has been committing mass unemployment fraud against a number of states, including Florida, Massachusetts, North Carolina, Oklahoma, Rhode Island, Washington, and Wyoming. Based on information uncovered by the Agari Cyber Intelligence Division, some, if not all, the actors behind these fraudulent schemes are likely...
Blog

COVID-19 Credential Phishing Scams: Feeding Off Coronavirus Fears

Since the beginning of February, we have seen more than a 3,000% increase in Coronavirus-themed phishing attacks targeting our customers. The spike in attacks is as logical as it is repugnant. With an estimated 75 million employees more reliant than ever on email during the largest "work-from-home experiment" in history, phishing scammers and other threat actors seem hellbent on exploiting...
Blog

BEC Gift Card Scams Move Online During COVID-19 Pandemic

With 60 million corporate employees working remotely due to the Coronavirus outbreak, cybercriminals are switching up their tactics in business email compromise (BEC) scams. In what has been called the " world's largest work-from-home experiment ," organizations around the globe are being forced to quickly transition to a remote workforce, ready or not. Cybercriminals have opportunistically...
Blog

Business Email Compromise (BEC): Security Risks from your 'Out-of-Office' Reply

As if coronavirus hasn't put enough of a damper on vacation schedules this spring, corporate employees taking time off might want to rethink their "out of office" email settings for fear a different threat: Business Email Compromise ( BEC ) scams. Sure, the temptation to share humorous details about your big spring adventure can be irresistible for a certain species of corporate denizen...
Press Release

KnowBe4 and Agari Announce New Partnership to Transform Phishing Protection

Tampa Bay, FL (March 5, 2020) – KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today announced a new partnership with Agari, the market share leader in phishing defense solutions for the enterprise, that creates a best-in-class approach to defend against phishing attacks at scale. As a result of this new partnership, information security...
Blog

Business Email Compromise (BEC) and G Suite: How the Exaggerated Lion Cybercrime Group Cashes Out

Business email compromise (BEC) has become the predominant cyber threat businesses face today. These basic social engineering scams are having a huge impact, to the tune of more than $700 million every month. To make matters worse, the recently-released Internet Crime Report from the FBI’s Internet Crime Complaint Center shows that BEC isn’t going away any time soon, as losses from BEC attacks...
Blog

Phishing Attacks: Top 3 Reasons Healthcare Employees Are Prime Targets

A growing body of evidence suggests employees throughout the healthcare sector may be uniquely vulnerable to phishing attacks. If finding itself a growing target for cybercriminals weren’t bad enough, the industry is also seeing associated lawsuits piling up. Montana-based Kalispell Regional Healthcare was recently hit with a suit after it disclosed that multiple employees had fallen victim to...
Blog

The Threat Taxonomy: A Working Framework to Describe Cyber Attacks

Imagine going to the doctor and only being able to say “pain” or “sick”. You can’t say where you feel the pain, or what type of pain, or what is making you sick. Without this information, it is nearly impossible for the doctor to know how to treat you. From a cybersecurity perspective, this is very much like calling every email attack a “phishing attack" or even a “hack”. It limits the ability to...