Tag Archives: business process compromise

Business Process Compromise: European Firms Struggle to Tackle a Misunderstood Threat

by Bharat Mistry

Business Process Compromise (BPC) cyber-attacks are not often covered in the media. Their distant relative — the similarly sounding Business Email Compromise (BEC) — tends to get most of the billing, especially after the FBI branded it the most costly threat of 2018. But the truth is that this broad category of attacks is a major threat to organisations. Last year we revealed that 43% of US and European firms had been impacted by BPC.

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Trend Micro Predictions are on the Money with New Attack Group

by Bharat Mistry

Cyber-attacks are happening all the time. In fact, the one certainty CISOs should have today is that their organisation has either already been compromised, or it will be breached at some point in the future. But many of the most dangerous attacks are the ones designed to slip under the radar unnoticed — in many ways the opposite of your typical ransomware outage. This week, one of these sophisticated attack campaigns was revealed: a gang targeting US and Russian banks as well as a UK financial software provider. It’s already netted $10m (£7.5m) for the hackers, who are still at large. Continue reading