Wombat Security is a leader in security awareness and training. Our blog covers the latest cyber security news, insights, and best practices. We arm infosec professionals with the knowledge and tools they need to improve end-user behaviors and reduce organizational risk.

Business Email Compromise

Business Email Compromise: Prevent Wire Transfer Fraud & W-2 Phishing

Posted by Gretel Egan on Jul 27, 2017 8:26:00 AM

Though business email compromise (BEC) phishing attacks continue to plague organizations worldwide, many end users still don't fully appreciate the danger. Employees are not aware of how sophisticated these targeted social engineering attacks can be, the very real threat they pose to their personal reputations, and the impact they can have on their organizations. 

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Wombat Experts Share Cybersecurity Predictions for 2017

Posted by Gretel Egan on Dec 13, 2016 2:06:07 PM

With the end of 2016 fast approaching, it’s certainly not too soon to think about what the cybersecurity threat landscape will look like in 2017. Our experts shared their thoughts about the current risks that will continue to plague infosec teams next year, and they offer predictions about how threats may morph in the coming months.

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Business Email Compromise: More Attacks, More Money Lost

Posted by Gretel Egan on Jul 5, 2016 10:30:00 AM

Back in April, we highlighted some sobering statistics from an FBI alert related to phishing attacks known as business email compromise (BEC), which generally result in wire transfer fraud or data breaches of sensitive tax or corporate payroll information. Just over two months later, the news is worse than ever, with reported incidents and lost funds ballooning at an alarming rate.

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Training at All Levels Protects Organizations, Customers and Employees

Posted by Gretel Egan on May 13, 2016 11:03:20 AM

When it comes to security awareness and training, the primary focus is on managing end-user risk. And rightfully so, as an uneducated, unprepared end user is likely to exhibit much riskier behaviors than one who has been trained to recognize and respond to cyber security threats.

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Tax Fraud and Other Ripple Effects of Business Email Compromise

Posted by Gretel Egan on Apr 18, 2016 1:21:40 PM

Last week, we shared some thoughts from Wombat CEO Joe Ferrara about the rise of business email compromise (BEC) attacks, including fraudulent requests for W-2 data. Today, we’d like to share the experiences of another Wombat executive, who last year found himself in the unenviable position that many could find themselves in this year: tax fraud victim.

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