latest intelligence
STOPPING EMAIL FRAUD
HOW PROOFPOINT HELPS PROTECT YOUR
ORGANISATION FROM IMPOSTORS, PHISHERS
AND OTHER NON-MALWARE THREATS
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
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Issue 08
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. 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
PRESENTED BY
technology. And stopping them requires
a new people-centred approach.
Proofpoint Advanced Email Security
uses a multi-layered defence to stop
unsafe email from reaching people’s
inboxes – and keep sensitive information
in your environment when something
goes wrong. u
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