Real-Life Stories of Business Email Compromise

LIVONIA, Mich. - Sept. 12, 2024 - PRLog -- Join Us for an Essential Webinar on Business Email Compromise (BEC)! 🚨

One of the most prevalent and damaging cyber threats is Business Email Compromise (BEC). Are you prepared to protect your organization?

BEC is a growing threat to businesses of all sizes, with the FBI reporting a 40% increase in financial losses since 2019. Join our webinar to gain a deeper understanding of BEC and strategies you can implement to protect your business.

Here are some key facts about Business Email Compromise (BEC):

1. Definition: BEC is a type of cybercrime where scammers use email to trick individuals or businesses into sending money or divulging confidential information.
2. Financial Impact: BEC is one of the most financially damaging online crimes, with global daily losses estimated at about $8 million.
3. Common Tactics:
• Spoofing: Scammers create email addresses that closely resemble legitimate ones to deceive recipients.
• Spearphishing: Targeted emails that appear to come from trusted sources to extract confidential information.
• Malware: Malicious software is used to infiltrate networks and gain access to email threads, billing information, and other sensitive data.
4. Targets: BEC schemes often target sectors like real estate, finance, education, health care, and information technology.
5. Warning Signs:
• Urgent requests for fund transfers.
• Emails from unknown or spoofed domains.
• Unusual language or grammar in emails.
• Requests to keep the transaction secret.
6. Prevention Tips:
• Enable multi-factor authentication.
• Educate employees about BEC and conduct regular drills.
• Carefully examine email addresses, URLs, and spelling in correspondence.
• Verify payment requests through trusted channels.
7. Response Actions:
• Contact your bank immediately to reverse any fraudulent transfers.
• Report the incident to local law enforcement and the FBI's Internet Crime Complaint Center (IC3).

STACK Cybersecurity (https://stackcybersecurity.com/) is excited to partner with Todyl | Best-in-Class Modular Cybersecurity (https://www.todyl.com/) to bring you an insightful webinar that will help you enhance your cybersecurity knowledge and protect your business from potential threats.

🗓 Oct. 17, 2024

🕒 11 a.m. ET

In this session, you'll gain a deep understanding of BEC threats and learn effective strategies to protect your organization. Todyl's innovative, modular cybersecurity platform will be showcased, demonstrating how it empowers businesses to prevent, detect, and respond to cyberattacks with ease.

What You'll Learn:

• Understanding the anatomy of a BEC attack
• Real-world case studies and lessons learned
• Best practices for prevention and response
• Tools and technologies to safeguard your business

Who Should Attend:

• Business leaders
• IT professionals
• Security experts
• Anyone interested in cybersecurity

Don't miss this opportunity to enhance your knowledge and protect your business from potential threats. Register now and secure your spot!

🔗 Register for Webinar (https://www.todyl.com/partner-events/unmasking-the-threat-business-email-compromise-stack-cyber)

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