SecurityBrief India - Technology news for CISOs & cybersecurity decision-makers
India

Business Email Compromise Stories - Page 15

Global Stories

Business Email Compromise stories

Scattered Spider targets UK retailers with advanced phishing
Firewalls

Scattered Spider targets UK retailers with advanced phishing

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

By Shannon Williams • 5 min read • Fri, 6th Jun 2025
The Ransomware Threat: How to respond and protect your organisation
Data Protection

The Ransomware Threat: How to respond and protect your organisation

Ransomware attacks in Australia surged in 2023–24, costing businesses up to AUD $97,200 on average, urging firms to bolster cyber defences and response plans.

By Jamie Humphrey • 5 min read • Mon, 19th May 2025
Arctic Wolf launches Incident360 Retainer for cyber resilience
Ransomware

Arctic Wolf launches Incident360 Retainer for cyber resilience

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

By Melania Watson • 3 min read • Fri, 16th May 2025
AI-driven phishing attacks outpace legacy email security filters
Malware

AI-driven phishing attacks outpace legacy email security filters

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

By Shannon Williams • 3 min read • Thu, 15th May 2025
Expel expands MDR platform to boost email threat detection
Software-as-a-Service

Expel expands MDR platform to boost email threat detection

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

By Shannon Williams • 2 min read • Wed, 23rd Apr 2025
Cybercriminals adapt strategies to evade stronger defences
Ransomware

Cybercriminals adapt strategies to evade stronger defences

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.

By Melania Watson • 2 min read • Thu, 27th Feb 2025
Email security gaps leave Asia Pacific firms vulnerable
Phishing

Email security gaps leave Asia Pacific firms vulnerable

Research by Proofpoint reveals only 12% of Asia Pacific firms use essential email authentication, exposing them to a surge in phishing attacks.

By Sean Mitchell • 3 min read • Fri, 21st Feb 2025
Manufacturing sector faces 24% rise in ransomware attacks
Ransomware

Manufacturing sector faces 24% rise in ransomware attacks

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.

By Catherine Knowles • 3 min read • Fri, 14th Feb 2025

Stories from Other Regions

Business Email Compromise stories

NZ cyber incidents cause NZD $7.8 million loss in early 2025
Phishing

NZ cyber incidents cause NZD $7.8 million loss in early 2025

New Zealand's cyber incidents in Q1 2025 caused NZD $7.8 million in losses, marking a 14.7% rise and the second-highest quarterly total ever reported.

By Sean Mitchell • 3 min read • Fri, 13th Jun 2025
Coalition Australia raises standard cyber crime cover to $500k
Ransomware

Coalition Australia raises standard cyber crime cover to $500k

Coalition Australia has raised its standard cyber crime cover to AUD $500,000, addressing growing losses from social engineering and funds transfer fraud.

By Shannon Williams • 3 min read • Fri, 6th Jun 2025
Exclusive: Why Cyberattacks on Aussie businesses are becoming more advanced
Ransomware

Exclusive: Why Cyberattacks on Aussie businesses are becoming more advanced

Australian businesses face more complex cyberattacks as AI-powered ransomware, BEC, and supply chain threats escalate, warns Borderless CS CEO Jayaprakash Muthusamy.

By Melania Watson • 4 min read • Thu, 5th Jun 2025
Check Point launches AI-powered cybersecurity platform in Singapore
Firewalls

Check Point launches AI-powered cybersecurity platform in Singapore

Check Point unveils AI-powered cybersecurity platform in Singapore, combining local data residency with proactive threat intelligence for enhanced protection.

By Shannon Williams • 3 min read • Thu, 29th May 2025
Phishing attacks become harder to spot as hackers adapt tactics
Multi-factor authentication

Phishing attacks become harder to spot as hackers adapt tactics

Phishing remains the top US cybercrime, with 193,000 complaints; attackers now use subtle linkless emails and fake MFA alerts to trick users.

By Kaleah Salmon • 3 min read • Thu, 15th May 2025
Cyber resilience urged as ransomware costs hit AUD $3 billion
Ransomware

Cyber resilience urged as ransomware costs hit AUD $3 billion

Commvault warns of rising ransomware threats in Australia, urging businesses and individuals to boost cyber resilience ahead of Anti-Ransomware Day amid AUD $3bn annual damages.

By Melania Watson • 3 min read • Mon, 12th May 2025
AI arms race fuels surge in cybercrime & deepfake scams
Endpoint Protection

AI arms race fuels surge in cybercrime & deepfake scams

AI advancements are boosting cybercrime in Australia, with infostealer malware and deepfake scams costing businesses millions despite MFA safeguards.

By Melvin Hipolito • 4 min read • Tue, 6th May 2025
Red Sift & Gradian partner to boost email security tools
Email Security

Red Sift & Gradian partner to boost email security tools

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

By Kaleah Salmon • 3 min read • Thu, 1st May 2025
World Password Day highlights risks & best practices for firms
Encryption

World Password Day highlights risks & best practices for firms

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

By Jed Nykolle Harme • 5 min read • Wed, 30th Apr 2025
Australian firms move to passkeys as cyber threats bypass MFA
Ransomware

Australian firms move to passkeys as cyber threats bypass MFA

Australian organisations face rising cyber threats bypassing MFA, prompting a shift to passwordless authentication and a AUD $288.1 million government security boost.

By Catherine Knowles • 4 min read • Thu, 17th Apr 2025