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
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. =(
Aviation Faces Increasing Cybersecurity Scrutiny
Kelly Jackson Higgins, Executive Editor at Dark Reading,  8/22/2019
Microsoft Tops Phishers' Favorite Brands as Facebook Spikes
Kelly Sheridan, Staff Editor, Dark Reading,  8/22/2019
Capital One Breach: What Security Teams Can Do Now
Dr. Richard Gold, Head of Security Engineering at Digital Shadows,  8/23/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
7 Threats & Disruptive Forces Changing the Face of Cybersecurity
This Dark Reading Tech Digest gives an in-depth look at the biggest emerging threats and disruptive forces that are changing the face of cybersecurity today.
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-2019-15540
PUBLISHED: 2019-08-25
filters/filter-cso/filter-stream.c in the CSO filter in libMirage 3.2.2 in CDemu does not validate the part size, triggering a heap-based buffer overflow that can lead to root access by a local Linux user.
CVE-2019-15538
PUBLISHED: 2019-08-25
An issue was discovered in xfs_setattr_nonsize in fs/xfs/xfs_iops.c in the Linux kernel through 5.2.9. XFS partially wedges when a chgrp fails on account of being out of disk quota. xfs_setattr_nonsize is failing to unlock the ILOCK after the xfs_qm_vop_chown_reserve call fails. This is primarily a ...
CVE-2016-6154
PUBLISHED: 2019-08-23
The authentication applet in Watchguard Fireware 11.11 Operating System has reflected XSS (this can also cause an open redirect).
CVE-2019-5594
PUBLISHED: 2019-08-23
An Improper Neutralization of Input During Web Page Generation ("Cross-site Scripting") in Fortinet FortiNAC 8.3.0 to 8.3.6 and 8.5.0 admin webUI may allow an unauthenticated attacker to perform a reflected XSS attack via the search field in the webUI.
CVE-2019-6695
PUBLISHED: 2019-08-23
Lack of root file system integrity checking in Fortinet FortiManager VM application images of all versions below 6.2.1 may allow an attacker to implant third-party programs by recreating the image through specific methods.