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.

Endpoint

10/8/2019
12:30 PM
50%
50%

Business Email Compromise Attacks Spike 269%

A new Mimecast report finds a significant uptick in BEC attacks, malware attachments, and spam landing in target inboxes.

Business email compromise (BEC) ramped up 269% from last quarter to this quarter, according to Mimecast's latest Email Security Risk Assessment (ESRA). This quarter showed a massive spike in emails containing dangerous file types, malware attachments, and spam in target inboxes.

The quarterly report reviewed more than 260 million emails from more than 480,000 users. Of the emails that were scanned by various email security systems and successfully delivered, 28.8 million were spam, 28,808 contained malware attachments, and 28,726 contained dangerous file types. More than 60,000 of these messages contained BEC, or impersonation fraud, scams.

BEC scams continue to plague organizations because they can easily slip past traditional security systems. Savvy attackers continue to build on their schemes with increasingly subtle strategies, too.For example, vendor email compromise (VEC), a newly discovered technique, involves the intruder sitting on a target network and observing communications to better craft fraudulent messages.

Read more details here.

Check out The Edge, Dark Reading's new section for features, threat data, and in-depth perspectives. Today's top story: "Active Directory Security Tips for Your Poor, Neglected AD"

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
News
FluBot Malware's Rapid Spread May Soon Hit US Phones
Kelly Sheridan, Staff Editor, Dark Reading,  4/28/2021
Slideshows
7 Modern-Day Cybersecurity Realities
Steve Zurier, Contributing Writer,  4/30/2021
Commentary
How to Secure Employees' Home Wi-Fi Networks
Bert Kashyap, CEO and Co-Founder at SecureW2,  4/28/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-22677
PUBLISHED: 2021-05-07
An integer overflow exists in the APIs of the host MCU while trying to connect to a WIFI network may lead to issues such as a denial-of-service condition or code execution on the SimpleLink Wi-Fi (MSP432E4 SDK: v4.20.00.12 and prior, CC32XX SDK v4.30.00.06 and prior, CC13X0 SDK versions prior to v4....
CVE-2021-29495
PUBLISHED: 2021-05-07
Nim is a statically typed compiled systems programming language. In Nim standard library before 1.4.2, httpClient SSL/TLS certificate verification was disabled by default. Users can upgrade to version 1.4.2 to receive a patch or, as a workaround, set "verifyMode = CVerifyPeer" as documente...
CVE-2020-4901
PUBLISHED: 2021-05-07
IBM Robotic Process Automation with Automation Anywhere 11.0 could allow an attacker on the network to obtain sensitive information or cause a denial of service through username enumeration. IBM X-Force ID: 190992.
CVE-2021-21419
PUBLISHED: 2021-05-07
Eventlet is a concurrent networking library for Python. A websocket peer may exhaust memory on Eventlet side by sending very large websocket frames. Malicious peer may exhaust memory on Eventlet side by sending highly compressed data frame. A patch in version 0.31.0 restricts websocket frame to reas...
CVE-2021-27437
PUBLISHED: 2021-05-07
The affected product allows attackers to obtain sensitive information from the WISE-PaaS dashboard. The system contains a hard-coded administrator username and password that can be used to query Grafana APIs. Authentication is not required for exploitation on the WISE-PaaS/RMM (versions prior to 9.0...