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10/24/2018
12:05 PM
Steve Zurier
Steve Zurier
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8 Threats That Could Sink Your Company

Security researchers warn of both new and re-emerging threats that can cause serious harm.
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8. Business Email Compromises
Business email compromise (BEC) attacks have expanded over the past few years, with the identified exposed losses increasing by $10.8 billion since 2015 to more than $12 billion in 2018, Trend Micro's Cabrera says. The combination of simplicity and effectiveness has ensured that BEC will continue to be one of the most popular attacks, especially for criminal organizations that lack special tools and knowledge to pull off more complicated schemes, he adds.The attacks manifest themselves in two ways: One, cyberattackers conduct social-engineered credential phishing attacks using keyloggers and phishing kits to gain access to corporate webmail accounts to identify corporate leadership and monitor communications. In a second scenario, the attackers send an email that impersonates, for example, a vendor or corporate officer to someone in the finance department of the victim company. The attackers carefully design the email to make it look as if the vendor or corporate officer sent it, typically instructing the victim to transfer money to pay an invoice or to send large sums of money overseas.
Image Source: Pixabay

8. Business Email Compromises

Business email compromise (BEC) attacks have expanded over the past few years, with the identified exposed losses increasing by $10.8 billion since 2015 to more than $12 billion in 2018, Trend Micro's Cabrera says. The combination of simplicity and effectiveness has ensured that BEC will continue to be one of the most popular attacks, especially for criminal organizations that lack special tools and knowledge to pull off more complicated schemes, he adds.

The attacks manifest themselves in two ways: One, cyberattackers conduct social-engineered credential phishing attacks using keyloggers and phishing kits to gain access to corporate webmail accounts to identify corporate leadership and monitor communications. In a second scenario, the attackers send an email that impersonates, for example, a vendor or corporate officer to someone in the finance department of the victim company. The attackers carefully design the email to make it look as if the vendor or corporate officer sent it, typically instructing the victim to transfer money to pay an invoice or to send large sums of money overseas.

Image Source: Pixabay

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MichelleWade
50%
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MichelleWade,
User Rank: Apprentice
10/28/2018 | 11:34:57 PM
great
great
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Ninja
10/29/2018 | 9:24:05 PM
XSS & SMCI
XSS attacks have long been popular, so it only makes sense that Layer 7 attacks are on the rise.

As for supply-chain attacks? Well, just ask Supermicro. Even the allegation based on anonymous sourcing is enough to sink your company's stock!
MelBrandle
50%
50%
MelBrandle,
User Rank: Apprentice
12/17/2018 | 1:15:11 AM
Giving chances to threats
We can never escape the clench of internet threats which are evolving alongside technological advancements. The more resources there are, the more opportunities there would be for threats to make progress. From our end, what we can do that is still within our control is to implement precautionary measures as tight as possible to prevent whatever that stil can be done.
NathanDavidson
50%
50%
NathanDavidson,
User Rank: Apprentice
1/16/2019 | 9:12:33 PM
Follow through and maintain!
I actually think that a big portion of poses a threat to your company comes from the lack of follow-through from most companies. Just because you've done a good setup, it doesn't mean that you shouldn't try a bit harder to ensure that a certain level of security is maintained. Hackers improve their skills and you should improve your protection against their evolving tactics...
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