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Common Phishing Email Attacks | Examples & Descriptions

What does a phishing email look like? We've compiled phishing email examples to help show what a spoofed email looks like to prevent against phishing attacks. Brand deception phishing is the most common example of phishing people will come across. Brand deception phishing occurs when an attacker mimics a trusted company in an email and asks someone for their personal information like credit card...
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What Is Email Phishing? Protect Your Enterprise

Phishing emails can steal sensitive data and cost companies' their reputation. However, protecting a company from these scammers doesn't need to be difficult. What Is Email Phishing? Phishing is when an attacker mimics a trusted person or brand in an attempt to steal sensitive information, or gain a foothold inside a company network. While phishing emails are by far the most popular, these attacks...
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TLS Email Encryption: What It Is & How to Check if Your Email Is Using It

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...
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Inside a Compromised Account: How Cybercriminals Use Credential Phishing to Further BEC Scams

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...
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Protecting Digital Communications During the Digital Transformation: A Look Back at Trust 2021

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...
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Agari Report: New BEC Scam 7X More Costly Than Average, Bigger Phish Start Angling In

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...
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Cosmic Lynx Returns in 2021 with Updated Tricks

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...
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Email Security: Agari Delivers a Whole New Level of Actionable Insight to Outpace Threat Actors

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...
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BEC Response Guide— Tips for Responding to Business Email Compromise Incidents

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...
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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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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...
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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...
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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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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...
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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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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...
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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...
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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...
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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...