You’ve heard the statistics…more than 70% of all business users will be provisioned with cloud office applications in the next two years, including email. It’s an overdue modernization that eliminates physical infrastructure to drive cost savings and integrate services for improved productivity
Chasing this move, cybercriminals intent on account takeover are evolving their tactics, targeting end users with various identity-deception scams. Their evolving tactics and your defenses against them deserve a closer look.
Predictive, AI-based email security is proving to be remarkably effective at protecting against today's most advanced business email compromise (BEC) scams, phishing attacks, and other rapidly evolving email threats. But only when it's done right.
Imagine this scenario: you call your high-profile client on your way into the office to check in and see if they’re ready to make the multimillion-dollar down payment on a new property. They tell you they wired it yesterday, following your email instructions. But you never sent them an email.
Now you have to tell your client that that email didn’t come from you. Except that it did—or at least from someone using your email address. And now that someone has your client’s money.
It's official: Office 365 users will soon be able to co-edit documents from within LinkedIn. But who wins more—businesses and their employees? Or the email fraudsters who increasingly launch business email compromise (BEC) attacks targeting this ubiquitous platform's 130 million users?
From 'Search & Destroy' to Granular Analysis and Beyond: New Machine Learning Tools Enhance Detection, Visualization & Remediation Against a Growing Threat
Recent research conducted by Agari showed that Business Email Compromise (BEC) attacks are running rampant with 96% of organizations experiencing an attack during the second half of 2017. To compile the report, Agari analyzed over 1 billion emails that were considered safe by conventional security technologies.
Companies are flocking to Office 365 as the leading choice of cloud-based email. But while it’s a great productivity enhancer and provides simplicity and cost savings over on-premises solutions, it raises serious security challenges. Threat actors typically target email accounts with identity deception. And with Office 365 being ubiquitous and publicly-discoverable, the risks become even greater.