Tag: email

Company-Wide Policy Needed to Mitigate Business E-Mail Compromise

Company-Wide Policy Needed to Mitigate Business E-Mail Compromise

Email, Information Security, Security
Company-Wide Policy Needed to Mitigate Business E-Mail Compromise An analysis of 3,000 Business E-Mail Compromise (BEC) scam campaigns showed that a company-wide policy is needed to mitigate this threat. What Is Business E-Mail Compromise (BEC) Business E-Mail Compromise (BEC), also known as CEO fraud, refers to a sophisticated scheme that tricks an organization into paying a sum of money to a scammer. BEC Threat Scenario After analyzing 3,000 BEC scam campaigns, Barracuda Networksfound that the term “CEO fraud” in referring to this type of cybercrime has justification as 43% of the impersonated email senders were the CEO or founder. The Barracuda Networks study, however, found that the majority or 57% of the impersonated email senders weren’t the CEO or founder. Out of the 57% impersonated email senders, 4.5% were C-level…
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Why Updating Your Organization’s Aging E-mail System is Important

Why Updating Your Organization’s Aging E-mail System is Important

Collaboration, Email, Information Security
The Importance of Updating an Aging E-mail System Despite the growth of short-form communication platforms, most businesses today still prefer the longer form, familiar e-mail. Messages, however, have morphed into something else that aging e-mail systems aren’t any more convenient and safe to use. E-mail Statistics in the Workplace According to market research firm The Radicati Group (PDF), the total number of business and consumer e-mails sent and received each day worldwide will hit 269 billion in 2017. This number is expected to increase at an average yearly rate of 4.4% over the next four years, hitting the 319.6 billion mark by 2021. The number of e-mail users in 2017 worldwide is expected to reach 3.7 billion – nearly half of the world’s population. By 2021, this number is projected…
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Tag: email

Company-Wide Policy Needed to Mitigate Business E-Mail Compromise

Company-Wide Policy Needed to Mitigate Business E-Mail Compromise

Email, Information Security, Security
Company-Wide Policy Needed to Mitigate Business E-Mail Compromise An analysis of 3,000 Business E-Mail Compromise (BEC) scam campaigns showed that a company-wide policy is needed to mitigate this threat. What Is Business E-Mail Compromise (BEC) Business E-Mail Compromise (BEC), also known as CEO fraud, refers to a sophisticated scheme that tricks an organization into paying a sum of money to a scammer. BEC Threat Scenario After analyzing 3,000 BEC scam campaigns, Barracuda Networksfound that the term “CEO fraud” in referring to this type of cybercrime has justification as 43% of the impersonated email senders were the CEO or founder. The Barracuda Networks study, however, found that the majority or 57% of the impersonated email senders weren’t the CEO or founder. Out of the 57% impersonated email senders, 4.5% were C-level…
Read More
Why Updating Your Organization’s Aging E-mail System is Important

Why Updating Your Organization’s Aging E-mail System is Important

Collaboration, Email, Information Security
The Importance of Updating an Aging E-mail System Despite the growth of short-form communication platforms, most businesses today still prefer the longer form, familiar e-mail. Messages, however, have morphed into something else that aging e-mail systems aren’t any more convenient and safe to use. E-mail Statistics in the Workplace According to market research firm The Radicati Group (PDF), the total number of business and consumer e-mails sent and received each day worldwide will hit 269 billion in 2017. This number is expected to increase at an average yearly rate of 4.4% over the next four years, hitting the 319.6 billion mark by 2021. The number of e-mail users in 2017 worldwide is expected to reach 3.7 billion – nearly half of the world’s population. By 2021, this number is projected…
Read More