Why you should care about BEC
… within a week of my business partner and I taking over the retail space, we were visited by a firefighter in a firefighting suit who said that because the business had changed hands he needed to inspect the location for safety violations. He walked around and pointed out problems with extension cords, wiring, circuits, fixtures and junction boxes and left us with a notice saying that if we did not have his substantial violations corrected within 30-days the doors would be padlocked. We panicked.
But it turns out the firefighter’s uniform, a sign of trust, had been exploited to intimidate us. This mirrors what happens with Business Email Compromise (BEC). Like the firefighter used a symbol of trust to gain access, BEC attackers use trusted email communication to infiltrate your organization and steal funds … [6 min. read]