Fake Executive Emails, Real Financial Losses

By Area 1 Security

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From the report, “BEC is a specific type of phishing email that operates without links and without attachments (two of the standard markers that perimeter defenses look for). However, instead of taking over a computer or stealing data, BEC hackers impersonate an executive (a known CEO, CFO or other CxO), and persuade the recipient (an employee) to perform some action – like wiring money or attaching information to an email. " Read on to learn more.

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