Online criminals used to favor scattershot campaigns that relied on emailing hundreds of people in the hopes of tricking even a few of them into clicking on malicious attachments. These days, however, businesses face a new threat as ever more-calculating attackers conduct extensive research to craft carefully worded emails designed to emulate the CEO, CFO or other key executive.
These emails, known as email fraud or business email compromise (BEC), are fast exploiting perceptual weak spots by adopting executives' identities in emails pressuring employees into sending sensitive files or wiring large sums of money to a bank account.
Recent FBI figures suggest the attacks are costing victims an average of $US130,000 per incident and cost more than $US2.3 billion worldwide. Furthermore, it is difficult if not impossible to get the money back.
Please join the Australian Federal Police, CERT Australia and Proofpoint for a webinar to discuss the emerging threat and strategies for defending against it. Over the course of the session, you will learn:
· How cybercriminals craft Email Fraud messages and where they get their information
· How to help executives hide the information that cybercriminals may be using to shape Email Fraud
· Why your current email filtering solution may struggle to keep up, and what technologies can help in the fight against Email Fraud campaigns
· What kind of business controls can be put in place to protect against Email Fraud manipulations