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Sharp rise in business email compromise

An 80% increase of impersonation or BEC attacks in comparison to the previous quarters report. Criminals typically gain access to a corporate email account and spoof the owners identity to trick employees, customers or partners into approving money transfers to criminal accounts. According to Mimecast, the report indicates the need for organisations to enhance their cyber resilience strategies for email, with a multi-layered approach that includes a third-party service provider. The report found 203,000 malicious links in 10,072,682 emails that were deemed safe by other security systems.”]

Source: https://www.computerweekly.com/news/252447624/Sharp-rise-in-business-email-compromise

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