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Cybersecurity Awareness/Hygiene – Proofpoint BEC Taxonomy Series

Cybersecurity Awareness/Hygiene – Proofpoint BEC Taxonomy Series

Created: Thursday, June 3, 2021 - 14:12
Categories:
Cybersecurity, Security Preparedness

Business Email Compromise (BEC) is one of the most (if not THE most) WaterISAC member reported cyber threat. Successful or unsuccessful, BEC – and its cousins, Vendor Email Compromise (VEC) and Email Account Compromise (EAC) – dominate the global cyber threat landscape. In 2020, the IC3 received 19,369 Business Email Compromise (BEC)/Email Account Compromise (EAC) complaints with adjusted losses over $1.8 billion. With constant barrages from these impersonation-based phishing attacks, BEC should be a staple topic in all security awareness programs. To that end, Proofpoint has created a BEC Taxonomy series to help all organizations better understand and address this ubiquitous threat. Members are encouraged to check out the series at Proofpoint – Part 1 - A Proofpoint Framework, Part 2 - Invoice Fraud, Part 3 - Payroll Redirects, Part 4 - Extortion – and stay tuned for more.