Business Email Compromise: How AI Has Changed the Playing Field

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Presented by

Dr Rebecca Wynn, Click Solutions Group | Kate Fazzini, CEO, Blue Line Recoveries

About this talk

Business Email Compromise (BEC) is an example of a phishing attack, used to steal money and/or sensitive corporate data. No organisation is immune to BEC, and in 2022 alone, in the US, BEC losses totalled more than $2.7 billion (SpyCloud). BEC has always been a threat - but in the aftermath of ChatGPT, this kind of attack will be more prevalent, and security leaders must be prepared. ChatGPT makes it easier than ever to bypass scam filters and impersonate leaders. Join us in this session as we discuss: - What business email compromise is, and how it can impact businesses - How AI is changing the way BEC functions - What companies can do to protect themselves in light of AI advancements in this space - What next if you become a victim?
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You can't protect your business if you don't understand the cybersecurity attacks and exploits that could bring it down at any moment. This monthly series explores the latest threats and vulnerabilities, ensuring IT and business executives are aware of the changes in the security landscape and providing advice and action items to keep their data, environments and users as safe as possible.