Remove Cybersecurity Remove Email Compromise Remove Phishing
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Cyber Threats Surge in India’s Financial Sector

Fintech News

Attack vectors across the banking, financial services and insurance industry operations, Source: Digital Threat Report 2024, CERT-In, CSIRT-Fin and SISA Phishing attacks surge In H1 2024, cybersecurity firm Kaspersky recorded more than 135,000 phishing attacks targeting Indias financial sector.

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Email’s Role In Combatting Business Email Compromise

PYMNTS

With the business email compromise (BEC) phishing attack a continuously growing threat for businesses large and small, organizations are exploring how strategic cybersecurity investments can protect them when bad actors attempt to steal company cash or redirect business payments.

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FBI, BBB Sound Another Business Email Compromise Alarm

PYMNTS

companies via the Business Email Compromise scam, reports in The East African said last week. Through Operation reWired, we are sending a clear message to the criminals who orchestrate these Business Email Compromise schemes that ‘I will keep coming after you, no matter where you are.’”.

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What is Business Email Compromise (BEC)?

Nanonets

Business Email Compromise (BEC) is a cyber threat that exploits the vulnerabilities of email communication. Perpetrators impersonate trusted entities, such as executives or vendors, employing social engineering techniques to coerce employees into compromising actions. What is Business Email Compromise (BEC)?

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Email Scammers Are Targeting B2B Firms In Today’s Work-From-Home Era

PYMNTS

Leigh Reichel , new chief financial officer of cybersecurity firm INKY Technology Corp. told PYMNTS that the FBI has found email fraud already costs businesses and individuals $3.5 We have seen phishing attacks surge since the pandemic started,” Reichel said. Spear Phishing. Business Email Compromise.

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SEC Warns Cos To Prioritize Cybersecurity

PYMNTS

Securities and Exchange Commission (SEC) has issued a stern warning to public companies: tighten cybersecurity controls or risk being in violation of federal law. The regulator issued a report based on the SEC Enforcement Division’s investigations of nine public companies that lost millions of dollars as the result of cyber fraud.

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Why The Data Breach Decline Is Bad News For Businesses

PYMNTS

40 legitimate email accounts of company executives have been compromised in a phishing campaign targeting businesses , according to Gov Info Security reports. The scam involves sending a phishing email claiming to be a Microsoft Office 365 update.