Cybercrime is constantly evolving, and one of the fastest-growing threats to your organisation is email-based identity deception (BEC). While almost everyone knows about phishing attacks, identity-based fraud builds on this and takes it to a whole new level. It is very difficult to detect with traditional secure email gateways and can result in network infiltration, theft of data, compromised login credentials and direct financial loss.
The cost to an organisation can be enormous. According to the US Federal Bureau of Investigation (FBI), BEC cost American businesses $1.3 billion in 2018 alone. In 2017, it was revealed that a Lithuanian man successfully conned both Google and Facebook out of more than $100 million each through a BEC scam.
Read this report, in partnership with Agari, to find out more about:
– Identity deception techniques
– The case for using predictive AI
– The Agari secure email cloud