What exactly is TLS when it comes to email encryption? TLS, or cybersecurity protocol Transport Layer Security first developed by the Internet Engineering Task Force (IETF), was designed to establish secure communications that provide both privacy and data security. Originally created from another encryption protocol called Secure Sockets Layer, or SSL, you may hear others use SSL and TLS...

Why would a cybercriminal spend time developing malware when he can simply trick unsuspecting users into handing over their passwords? Why would a threat actor spend her money and resources on ransomware, when she can get that same information through a compromised account? It’s a good question, and exactly what the Agari Cyber Intelligence Division wanted to discover. In a growing trend known as...

Generally defined, cyber threat intelligence is information used to better understand possible digital threats that might target your organization. This data will help identify threats in order to prevent security breaches in the future. Why Cyber Threat Intelligence is Important Having a system in place that can produce threat intelligence is critical to staying ahead of digital threats, as well...

Three months ago, when I joined Agari as the Chief Marketing Officer, I knew that I was joining a leader in email security. I knew this partially because I worked for Agari from 2016-2019 during an exciting time of change for the company. But my time away from Agari made me realize how much it has to offer its customers and partners, which is ultimately why I decided to return. And I’m thrilled to...

While we’re all Zoomed, Webexed and Teamed out after thirteen months of the pandemic, cybercriminals are taking advantage of the situation. They know we’re heavily relying on digital communications and they’re sending fake emails, pretending to be your boss. They’re sending fake invoices, pretending to be your vendor. They’re even sending fake requests for gift cards, on the off-chance that...

Sophisticated new threat actors, evolving phishing tactics, and a $800,000 business email compromise (BEC) scam in the second half of 2020 all signal big trouble ahead, according to new analysis from the Agari Cyber Intelligence Division (ACID). As captured in our H1 2021 Email Fraud & Identity Deception Trends Report , successful attacks on Magellan Health, GoDaddy, and the SolarWinds "hack of...

In July 2020, we published a report on a Russian-based BEC group we called Cosmic Lynx . In that report , we described the tactics used by the group, which included its targeting of senior executives at large companies with a global footprint and how it uses mergers and acquisitions (M&A) themes in its BEC email lures. Shortly after we published the report, we saw a significant decrease in Cosmic...

CISOs and their teams are about to get some serious performance enhancers in their high-stakes race against email security threats. According to the FBI, phishing campaigns, business email compromise (BEC) scams, and other advanced email attacks have resulted in $26 billion in business losses over the course of three years. Then 2020 happened. With 75 million corporate employees even now still...

This post originally appeared on Medium and is published here courtesy of Ronnie Tokazowski. For more by Ronnie, follow him on Twitter @iHeartMalware . If you’re reading this and are in the middle of an incident, go to the first bullet now . The rest can wait. Malware incidents suck, but if you want to know what it’s like responding to a BEC incident, triple the carnage, shake the snow globe, set...

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...

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...

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...

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...

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...

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...

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...

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...