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Business Email Compromise

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May 15, 2019 - This week is national Privacy Awareness Week, an annual initiative of the Office of the Australian Information Commissioner (OAIC) that raises awareness of privacy issues and the importance of protecting personal information. Malicious or criminal attacks are deliberately crafted to exploit known vulnerabilities for financial or other gain. Many cyber incidents exploit vulnerabilities involving a human factor, such as…
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Business email compromise

Jul 1, 2018 - Business email compromise (BEC) is an online scam where a cybercriminal impersonates a business representative to trick you, an employee, customer or vendor into transferring money or sensitive information to the scammer. To begin, a cybercriminal impersonates a trusted person using an email address that appears to be legitimate (this is known as "masquerading"). To do this, they may use a username that is almost…