Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Threat Intelligence

6/13/2019
01:30 PM
Connect Directly
Twitter
Twitter
RSS
E-Mail
50%
50%

7 Truths About BEC Scams

Business email compromise attacks are growing in prevalence and creativity. Here's a look at how they work, the latest stats, and some recent horror stories.
Previous
1 of 8
Next

Last summer, the US Federal Bureau of Investigations (FBI) sounded a loud alarm for organizations about the growing danger of business email compromise (BEC) scams. At that time, the FBI said BEC fraud had cost organizations worldwide $12 billion in losses since 2013.

Since then, the threat has continued to grow more dire. Security industry researchers have shown BEC scams are increasing in scope and complexity as attackers perfect their attack playbooks to target an increasing number of victims around the globe.

Here, Dark Reading takes a look at how BEC scams work, the latest statistics on BEC prevalence, and some recent BEC horror stories that should help security professionals and users prepare themselves for this growing class of fraud.

 

Ericka Chickowski specializes in coverage of information technology and business innovation. She has focused on information security for the better part of a decade and regularly writes about the security industry as a contributor to Dark Reading.  View Full Bio

Previous
1 of 8
Next
Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Sophie1526893718477220675
50%
50%
Sophie1526893718477220675,
User Rank: Apprentice
6/21/2019 | 3:58:59 AM
Great post
I really admire your efforts. These are really beautiful. I have totally agreed with you. Thanks for providing such information.
jenkinsla2
50%
50%
jenkinsla2,
User Rank: Apprentice
6/18/2019 | 5:06:44 AM
Re: very good
Exactly! Thank you very much for this great article.
hotmail123
100%
0%
hotmail123,
User Rank: Apprentice
6/16/2019 | 10:04:07 PM
very good
I am so happy to read this. This is the kind of manual that needs to be given and not the random misinformation that's at the other blogs.
jared333
100%
0%
jared333,
User Rank: Apprentice
6/14/2019 | 12:29:25 PM
Listacles
AD VEVENUE BABY
SoggyToaster
100%
0%
SoggyToaster,
User Rank: Apprentice
6/14/2019 | 6:02:24 AM
Click-through slideshows are terrible...
...so why did you slice this article up into 8 parts, then make me click through to read it? Oh, wait... I didn't. I bailed out halfway through. Please just post articles, not annoying listacles. =(
Where Businesses Waste Endpoint Security Budgets
Kelly Sheridan, Staff Editor, Dark Reading,  7/15/2019
US Mayors Commit to Just Saying No to Ransomware
Robert Lemos, Contributing Writer,  7/16/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Building and Managing an IT Security Operations Program
As cyber threats grow, many organizations are building security operations centers (SOCs) to improve their defenses. In this Tech Digest you will learn tips on how to get the most out of a SOC in your organization - and what to do if you can't afford to build one.
Flash Poll
The State of IT Operations and Cybersecurity Operations
The State of IT Operations and Cybersecurity Operations
Your enterprise's cyber risk may depend upon the relationship between the IT team and the security team. Heres some insight on what's working and what isn't in the data center.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-17210
PUBLISHED: 2019-07-20
An issue was discovered in PrinterOn Central Print Services (CPS) through 4.1.4. The core components that create and launch a print job do not perform complete verification of the session cookie that is supplied to them. As a result, an attacker with guest/pseudo-guest level permissions can bypass t...
CVE-2019-12934
PUBLISHED: 2019-07-20
An issue was discovered in the wp-code-highlightjs plugin through 0.6.2 for WordPress. wp-admin/options-general.php?page=wp-code-highlight-js allows CSRF, as demonstrated by an XSS payload in the hljs_additional_css parameter.
CVE-2019-9229
PUBLISHED: 2019-07-20
An issue was discovered on AudioCodes Mediant 500L-MSBR, 500-MBSR, M800B-MSBR and 800C-MSBR devices with firmware versions F7.20A to F7.20A.251. An internal interface exposed to the link-local address 169.254.254.253 allows attackers in the local network to access multiple quagga VTYs. Attackers can...
CVE-2019-12815
PUBLISHED: 2019-07-19
An arbitrary file copy vulnerability in mod_copy in ProFTPD up to 1.3.5b allows for remote code execution and information disclosure without authentication, a related issue to CVE-2015-3306.
CVE-2019-13569
PUBLISHED: 2019-07-19
A SQL injection vulnerability exists in the Icegram Email Subscribers & Newsletters plugin through 4.1.7 for WordPress. Successful exploitation of this vulnerability would allow a remote attacker to execute arbitrary SQL commands on the affected system.