Tag Archives: Business Email Compromise

Global BEC Disruption is Welcome, But Don’t Forget Email Security

Leave a reply

by Bharat Mistry

This week the FBI announced a major international law enforcement operation spanning six months which resulted in scores of arrests and serious disruption to several Business Email Compromise (BEC) campaigns. At Trend Micro we welcome any efforts designed to make it harder for the black hats to make money from their illicit schemes. But we can’t rely on law enforcement alone.

Organisations must also get proactive by improving staff training and education and ensuring they have the kind of email protection capabilities which can spot and block BEC scams. Continue reading →

Security Round-up: Five Things We’ve Learned in 2017

Leave a reply

by Bharat Mistry

The past 12 months have been packed with geopolitical incident, global malware threats and ubiquitous big-name data breaches. From the CIA Vault7 and NSA Shadow Brokers leaks at the start of the year, to the WannaCry and NotPetya ‘ransomware’ campaigns, and Uber’s shock revelations just last month, there’s been plenty for UK CISOs to ruminate on. But now the year is nearly at an end, it might be useful to recap some of the biggest themes of 2017 — with an eye on fortifying systems for the 12 months to come. Continue reading →

Attention CEOs: Report Reveals Major Impact of Breaches on Share Price

Leave a reply

by Bharat Mistry

We’ve been talking about the importance of elevating cybersecurity to the boardroom for decades. And despite the growing number of errant companies out there suffering high profile data breaches over the years, there are many CEOs who still don’t get it. That’s why we were interested to read a new piece of research linking serious cyber incidents for the first time to share price performance.

It revealed that severe breaches on average cost public companies 1.8% of their value, running into £120 million for a typical FTSE100 firm. That should be enough to make any board sit up and take notice, and begin plans to implement effective layered security to mitigate cyber risk.

It’s just part of the message we’ll be taking to the Infosecurity Europe show in London this June. So be sure to drop by Stand D25 to find out more. Continue reading →

Trend Micro @ Cloud Expo: Halting the Spread of Ransomware and BPC Threats

Leave a reply

by Simon Edwards

The threat landscape can move pretty fast – often outpacing the ability of security professionals to keep up. The black hats always have the advantage of surprise. They’re more agile, and increasingly well resourced thanks to a darknet stocked with all the tools and techniques they need to launch attacks. Given the size of the challenge, one of the best chances we have of mounting an effective response is by sharing information. That can work well between organisations. But it can also be done very effectively between experts on the vendor side and security professionals.

That’s why we’re delighted that our VP Security Research Rik Ferguson will be on hand at Cloud Expo Europe in London later this month to share his wisdom on two of the biggest threats facing firms this year: ransomware and Business Process Compromise (BPC). Continue reading →