Business Email Compromise (BEC) attacks are a rapidly growing threat to organizations of all sized. These attacks exploit the trust and relationships between employees, vendors, and customers to steal sensitive information, money, and valuable assets.
What is a BEC attack? 
Business email compromise attacks are when hackers pose as trusted individuals or organizations via email to request sensitive information or financial transfers. They tend to target high-level employees, such as executives or financial managers. The emails themselves will often appear authentic, typically by using genuine email addresses and logos. They may pose as a trusted supplier or vendor to request payments.
How to avoid BEC attacks
Awareness and Training
The most important thing that you can do right now to avoid BEC attacks is to educate yourself and your employees about the risks and how to spot these attacks. Provide regular training sessions to help employees understand the different types of BEC attacks, how they work, and what they can do to prevent them. Make sure employees know that they should never send sensitive information or funds based on an email request alone, especially if the request seems suspicious or out of character.
Verify Requests
Another effective way to avoid BEC attacks is to establish protocols for verifying requests for sensitive information or funds. For example, employees should be encouraged to independently verify requests with their supervisors or other appropriate personnel before sending any information or funds. This could be done by calling the requester on a verified phone number or by sending a separate email to an alternate email address.
Use Email Security Measures
Implement email security measures like encryption, digital signatures, and two-step authentication to protect sensitive information and reduce the risk of BEC attacks. This will also prevent hackers from being able to get into your business email accounts.
Stay Up-To-Date
Keeping up with the latest cyber threat information and implementing new security measures as they become available can help organizations reduce the risk of BEC attacks. Regularly reviewing and updating your security policies and procedures will help ensure that you are keeping up with the evolving threat landscape.
At eCreek, we pride ourselves on staying current with the day’s digital landscape. For more information on business security and other IT solutions, talk to one of our experts.
