LATEST INTELLIGENCE
STOPPING EMAIL FRAUD
HOW PROOFPOINT HELPS PROTECT YOUR
ORGANISATION FROM IMPOSTORS, PHISHERS AND
OTHER NON-MALWARE THREATS
PRESENTED BY
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T
oday’s email attacks have evolved.
Unfortunately, most security tools haven’t
evolved with them. Attackers are moving and
adapting faster than most cyberdefences. They’re
bypassing security tools with new techniques and
delivery methods. And some are avoiding legacy
controls altogether through novel attacks that don’t
use malware at all.
Email fraud, sometimes called business email
compromise (BEC), is one of them. Cybercriminals
can easily spoof executives and business partners
to trick people into sending money and other
valuable information.
This growing threat has cost victims more than
US$5.3 billion since the FBI began tracking it in late
2013. The average attack nets about US$130,000.
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INTELLIGENTCIO
Partner spoofing attacks, where a fraudster
pretends to be an organisation’s trusted vendor,
are also growing. In just one example, a Lithuanian
man has been accused of stealing more than
US$100 million in separate attacks on Google and
Facebook in July 2017.
The man allegedly spoofed a vendor in the
companies’ supply chains. These attacks are
sophisticated and highly targeted. They exploit
people, not technology. And stopping them requires a
new people-centred approach.
Proofpoint Advanced Email Security uses a
multilayered defence to stop unsafe email from
reaching people’s inboxes and keep sensitive
information in your environment when something
goes wrong.
www.intelligentcio.com