Business Email Compromise stories - Page 6

BioCatch has launched Scams360 to help UK banks cut social engineering scam losses, which reached £450 million in 2024, using advanced behavioural biometrics.

AI Appreciation Day highlights the need for ethical, human-centred innovation as AI transforms industries like law and cybersecurity with fresh challenges.

Over half of global public companies lack full enforcement of email phishing protections, leaving them vulnerable to costly cyberattacks, research finds.

Bitdefender to acquire global email security firm Mesh, integrating its technology to boost protection against email threats in 2024.

The cybercriminal group Scattered Spider has launched sophisticated phishing attacks targeting UK retailers, exploiting social engineering and advanced MFA-bypass tools.

Arctic Wolf launches Incident360 Retainer, blending proactive readiness with full incident response, promising up to 70% savings on major cyberattack recovery costs.

Cofense reveals AI-driven phishing emails bypass traditional defences every 42 seconds in 2024, posing a fresh challenge to email security systems.

Red Sift partners with Gradian to boost access to its OnDMARC email security, enhancing protection against AI-driven cyberattacks for UK businesses.

Experts warn poor password management risks account fraud as 27% of businesses lack strong password policies, spotlighting security on World Password Day.

Expel expands its managed detection and response service to tackle email threats, integrating with Proofpoint, Abnormal Security, and Sublime Security.

A recent report by Arctic Wolf reveals cybercriminals are evolving their tactics, with 96% of ransomware cases now involving data theft to maximise ransom pressure.

ReliaQuest's new report reveals a worrying 24% rise in ransomware attacks on the manufacturing sector, impacting 624 companies between August 2024 and January 2025.

Cybercrime has overtaken state-sponsored hacking as the main online threat, with healthcare and energy sectors particularly vulnerable, warns Google.

VIPRE Security Group's annual report reveals over 90% of 7.2 billion processed emails in 2024 were spam, with ominous trends projected for 2025.

As cybersecurity predictions flood in for 2025, analysts warn against sensationalist claims, emphasising the dangers of AI in attacks like Business Email Compromise.

Sophos has seen its Managed Detection and Response services grow by 37%, now safeguarding over 26,000 organisations worldwide amid rising cyber threats.

Abnormal Security has earned recognition as a Leader in the first-ever Gartner Magic Quadrant for Email Security Platforms, showcasing its innovative AI solutions.

Trend Micro has been named a Leader in the 2024 Gartner Magic Quadrant for Email Security Platforms, highlighting its innovative, AI-driven solutions.

Check Point Software Technologies has been recognised as a leader in the 2024 Gartner Magic Quadrant for Email Security Platforms, solidifying its position in cyber defence.

As the festive season approaches, experts warn of rising cyber threats, urging organisations and individuals to strengthen their digital defences during this vulnerable period.