Business email compromise: The most expensive form of phishing

Business Email Compromise

Cover

According to the IC3, the average loss inflicted by a successful BEC attack is $140,000, and in some of the worst cases organizations have lost millions of dollars from a single incident.

Traditional phishing certainly can (and does) cause a lot of damage, but on a per-attack basis, BEC is undoubtedly the most expensive.

Most people think of BEC attacks as an attempt to trick staff into making unauthorized transfers. And while that is a type of BEC attack, the real definition is broader.

In this guide, uncover:

  • What BEC attacks are and how they work
  • Why BEC attacks are so effective
  • What objectives cybercriminals can achieve using BEC
  • How to protect your organization against BEC attacks
  • And more
Vendor:
PhishLabs
Posted:
14 Feb 2020
Published:
14 Feb 2020
Format:
PDF
Length:
12 Page(s)
Type:
White Paper
Language:
English
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