Tackling the BEC Epidemic in a New Partnership with INTERPOL

In just a few short years, Business Email Compromise (BEC) has gone from a peripheral threat to a major cyber risk for organizations. It’s making criminal gangs millions of dollars each month, hitting corporate profits and reputation in the process. Trend Micro has built a formidable array of resources over the past few years to…
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Don’t Blame Employees who fall for a BEC scam!

The BBC reports that a media company based in Scotland is now suing a former employee who fell for a Business Email Compromise (BEC) scam. In the scam, the employee received emails which appeared to be from the managing director and requested wire transfers. The employee worked with her line manager on the first payment…
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It’s Everyone’s Job to Ensure Online Safety at Work

As part of our effort to support National Cyber Security Awareness Month I wanted to provide information on the need for everyone within a business to be aware of their role in keeping the organization safe from cyber attacks.  Let’s discuss some of the areas where we see existing organizations employees may be lacking in…
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The BEC List: Helping Thwart Business Email Compromise through Collaboration

Today, the Messaging, Malware and Mobile Anti-Abuse Working Group (M3AAWG) gave the JD Falk Award to the Business Email Compromise (BEC) List. The BEC List comprises cybersecurity firms, researchers and internet infrastructure companies that help deal with cybercriminal activities and schemes. The JD Falk Award is given to individuals or groups whose meritorious work has…
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This Week in Security News: Tracking and Hacking

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days.  This week, Google revealed a secret deal with Mastercard that allows it to track what users buy offline. Also, Senate and House representatives warn that regulation may be coming for…
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Stop Impersonations of Your CEO by Checking the Writing Style

If one of your employees receives an email that looks like it’s from the CEO asking to send sensitive data or to make a wire transfer, could that employee spot it as a fake based on how it is written? He or she may be so concerned with pleasing the CEO that they may urgently…
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BEC is Big Business for Hackers: What makes these attacks so hard to prevent?

For years, one of the most lucrative ways for hackers to generate profits was through ransomware attacks. These instances involve the use of strong encryption to lock victims out of their files and data – attackers then sell the decryption key in exchange for an untraceable Bitcoin ransom payment. Now, however, another highly profitable attack…
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