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Business email compromise (BEC) attacks represent a serious threat for organizations worldwide, according to the annual report released by FBI’s Internet Crime Complaint Center , the 2020 Internet Crime Report , in 2020, the IC3 received 19,369 Business Email Compromise (BEC)/Email Account Compromise (EAC) complaints. billion in losses.
Teachers targeted in BEC style gift card scams. In this type of attack, cybercriminals sometimes have gained access to someone's business email account at a school or in a district. Once inside the account, the hacker will send emails to other teachers asking for help because of a heart wrenching situation. February 2, 2021.
How AI assists financial fraud One area where AI can be effective in helping criminals is in creating scams using impersonation. AI alleviates alert fatigue In a similar vein, Forescout’s VP of securityintelligence Rik Ferguson talked about how AI can help to manage the deluge of log information that security professionals often face.
Then comes the moment of realization where the thought of lazing around on a free vacation quickly passes, as it is a scam. with scamsaccounting for over 40 percent of all calls, and over 80 percent of all scam calls using area codes local to the recipient. Data security. SecurityIntelligence.
Webroot SecurityIntelligence Director, Grayson Milbourne, offers several suggestions that companies can do to increase their security posture. Milbourne is also a big advocate of security awareness training. Perfecting Your Posture.
Google describes Security Center as a security analytics and best practice recommendations utility that enables G Suite administrators to operate G Suite environments much more intelligently and with greater visibility. This helps administrators to take a more proactive approach to securityintelligence.
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