For decades, the cybersecurity industry has poured resources into understanding the people behind cyber-attacks – their tactics and their motives. While it’s vital that we understand who is attacking us, it’s just as, if not more vital that we also understand who is being attacked.
Increasingly, cybercriminals are focusing their efforts on individuals within organisations rather than launching blanket system attacks. The methods may differ – phishing, spoofing, malware – but the result is all-too-often the same: substantial losses.
According to the latest Gartner forecast, cybersecurity is one of the major risks affecting MENA businesses and individuals currently. Additionally, most attacks commonly exploit weaknesses through mechanisms, including socially engineered malware, phishing attacks, unpatched/insecure software, social media attacks, and the regular advanced persistent threats.
One such style of attack is business email compromise (BEC). Dubbed the most expensive problem facing cybersecurity, the spoofing and commandeering of company email is estimated by the FBI to have resulted in worldwide losses of $26 billion since 2016.
Attacks of this nature are particularly pernicious as, when convincing enough, they can get behind even the best security defences incredibly quickly.
To stand a chance of keeping them at bay, it’s vital that employees at every level of your organisation know what they are up against and how best to defend against it.
Understanding the attackers
This story is from the December 2019 edition of Security Advisor Middle East.
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This story is from the December 2019 edition of Security Advisor Middle East.
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