{"id":25264,"date":"2019-02-14T17:00:55","date_gmt":"2019-02-14T17:00:55","guid":{"rendered":"https:\/\/blog.trendmicro.com\/?p=542690"},"modified":"2019-02-14T17:00:55","modified_gmt":"2019-02-14T17:00:55","slug":"dont-blame-employees-who-fall-for-a-bec-scam","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/dont-blame-employees-who-fall-for-a-bec-scam\/","title":{"rendered":"Don\u2019t Blame Employees who fall for a BEC scam!"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/blog.trendmicro.com\/wp-content\/uploads\/2019\/02\/20190131182720723-386-nYFMcUT-800-300x200.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" srcset=\"https:\/\/blog.trendmicro.com\/wp-content\/uploads\/2019\/02\/20190131182720723-386-nYFMcUT-800-300x200.jpg 300w, https:\/\/blog.trendmicro.com\/wp-content\/uploads\/2019\/02\/20190131182720723-386-nYFMcUT-800-768x512.jpg 768w, https:\/\/blog.trendmicro.com\/wp-content\/uploads\/2019\/02\/20190131182720723-386-nYFMcUT-800-640x426.jpg 640w, https:\/\/blog.trendmicro.com\/wp-content\/uploads\/2019\/02\/20190131182720723-386-nYFMcUT-800-440x293.jpg 440w, https:\/\/blog.trendmicro.com\/wp-content\/uploads\/2019\/02\/20190131182720723-386-nYFMcUT-800-380x253.jpg 380w, https:\/\/blog.trendmicro.com\/wp-content\/uploads\/2019\/02\/20190131182720723-386-nYFMcUT-800.jpg 800w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"\/><\/p>\n<p>The BBC reports that a media company based in Scotland is now <a href=\"https:\/\/www.bbc.com\/news\/uk-scotland-glasgow-west-47135686\">suing a former employee who fell for a Business Email Compromise (BEC) scam<\/a>. 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 and then made 3 subsequent payments while her direct manager was on vacation. In total, \u00a3193,250 was transferred to the scammers. The company recovered \u00a385,000 from their bank and is suing the employee, who was already fired over the incident, for the remaining balance of \u00a3108,000 because she ignored a standard checkbox security warning from the bank about wire transfer scams.<\/p>\n<p>It\u2019s time to stop blaming the victims of email scams and instead put in place user training, security controls, and process controls to prevent Business Email Compromise scams from occurring.<\/p>\n<p><strong>Train your employees \u2013 for free<\/strong><\/p>\n<p>The employee in this case claims she never received training from the company on how to stop online fraud. Like many employees, when an email request appears to come from an executive, the recipient is often so focused on appearing responsive, that they do not realize the email is an impersonation. It\u2019s important to make sure your employees are aware of these attacks and can look for signs that the email is a fraud. Train them not to respond, act open, open an attachment, or click on a link when an email is suspicious or unexpected.<\/p>\n<p><a href=\"https:\/\/phishinsight.trendmicro.com\/\">Free phishing simulation and user training<\/a> is available with Trend Micro Phish Insight. With it you can send test phishing emails to your users, reward \/ recognize employees who identify the emails as suspicious, and offer training to those who need it most. <a href=\"https:\/\/phishinsight.trendmicro.com\/\">Phish Insight<\/a> is free for all organizations.<\/p>\n<p><strong>Prevent BEC scams with Email Security<\/strong><\/p>\n<p>BEC emails typically don\u2019t have a malicious attachment or malicious URLs and rely solely on social engineering This makes detection difficult without security controls specifically designed to catch these attacks. Cloud App Security for Office 365 uses two AI methods to detect BEC scams. First an expert rule system looks for social engineering and attacker behaviors. Amongst the rules is one that looks for matches of the names of high-profile users to the sender\u2019s display name when the email comes from a free email account domain. A machine learning model decides how best to weigh and apply all the rules for the most accurate detection.<\/p>\n<p>Writing Style DNA is employed to spot the hardest to detect impersonation attempts. Writing Style DNA creates an AI model of the writing style of high-profile users such as executives. The model is created by extracting metadata from previously sent emails. When an email arrives with a name matching or similar to a high-profile user, and it hasn\u2019t already been ruled out by the expert rule system, then the style of the writing within the email is compared to the AI model for that high-profile user. You can see how it works in this <a href=\"https:\/\/youtu.be\/RBzmNY8EpRo\">short video<\/a>.<\/p>\n<p><strong>Process Controls<\/strong><\/p>\n<p>In addition to user training and security controls, your organization should also examine its wire transfer procedures and ensure two approvals are required. The <a href=\"https:\/\/www.ic3.gov\/media\/2017\/170504.aspx\">FBI<\/a> provides guidelines for additional steps to harden your organization against these attacks.<\/p>\n<p>Together with user training, security controls, and process controls, we can stop the <a href=\"https:\/\/www.ic3.gov\/media\/2018\/180712.aspx\">$12 billion in losses<\/a> to Business Email Compromise scams.<\/p>\n<p> Read More <a href=\"https:\/\/blog.trendmicro.com\/dont-blame-employees-who-fall-for-a-bec-scam\/\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8230;<br \/>\nThe post Don\u2019t Blame Employees who fall for a BEC scam! appeared first on . Read More HERE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":25265,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[61],"tags":[328,375,307],"class_list":["post-25264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trendmicro","tag-bec","tag-business","tag-security"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Don\u2019t Blame Employees who fall for a BEC scam! 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security &amp; Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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