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The business emailcompromise (BEC) scam continues to rear its ugly head at the enterprise, with the global pandemic creating even more avenues through which cyber attackers can steal company money. At the heart of BEC and other scams is impersonation.
When it comes to preventing an attack, multifactorauthentication and other kinds of multilayer security measures, plus the practice of frequently updating software and installing patches, remain the tried-and-true defenses. Blackbaud's data breach isn't unique, per se.
As AiTM fraud rises, businesses must adopt multi-layered security, biometric authentication, and user education to stay ahead of evolving threats. When the victim enters their credentials, the attacker captures these details and may steal session cookies to bypass multifactorauthentication (MFA).
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