Because business email compromise (BEC) often relies on social engineering, people are as important as technology in preventing losses from BEC.
BEC attacks usually involve social engineering techniques. Most often, a cybercriminal uses stolen email credentials or a spoofed email address that looks like a trusted address. The goal is to trick an employee into bypassing normal procedures to steal money or gain access to valuable assets. The cybercriminal may steal funds, by misdirecting electronic payments, or steal sensitive data, such as tax or pay information. Or they may convince the employee to open a malicious link or attachment, give up a password, or approve access. We provide clients with the experience, training, and technology resources needed to reduce their risk of financial or data loss from a BEC.
Estimated global losses from BEC since 2016, according to the US Federal Bureau of Investigation (FBI)
If you do get a ransomware infection - Bullwall detects encryption of files and triggers an automatic response, minimizing damage. Receive 50% off on installation cost, and up to 25% on licences.
Up to 25% off on KnowBe4’s anti-phishing tools, including simulated phishing campaigns and interactive awareness training.
Evaluate configuration and behaviour of your Microsoft 365 environments to prevent Business Email Compromise, for a flat fee of $1,400 per tenant, independently of the number of users in the tenant.
We offer cyber policyholders a range of risk management offerings designed to improve your cyber resilience, reduce human error, and manage digital risk.
We encourage policyholders who experience an actual or suspected incident to notify us.