Business email compromise (BEC) attacks have not engendered the same level of notoriety as ransomware attacks, but rank in combination as one of the most financially devastating and common types of cybercrimes against organizations. Many organizations are ill-prepared to address the threat of BEC and lack sufficient protections across people, process, and technology factors. This white paper reports on an in-depth survey exploring current readiness and confidence to deal with the threat of BEC, highlights solutions that have been specifically designed to counteract BEC threats, and outlines a series of best practices to strengthen defenses against BEC threats.
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