Business Email Compromise stories - Page 5

AI is driving a rise in complex social engineering attacks, with 41% of organisations facing more cyberattacks and many ill-prepared to defend against them.

Acronis reports a 70% rise in ransomware victims in H1 2025, with AI-driven phishing attacks surging, especially targeting managed service providers.

Emerging cyber threats in 2025, including AI-driven attacks and ransomware, target healthcare and industry, with breach costs soaring to USD $5.3 million.

Email attacks on firms surge as AI-powered phishing kits, especially in manufacturing, challenge defences, warns VIPRE Security Group's Q2 2025 report.

Check Point leads in AI-powered email security, acclaimed by GigaOm for its Harmony Email & Collaboration solution tackling advanced phishing threats.

LevelBlue reports cyber incidents tripled to 17% in early 2025, driven by a 1,450% rise in social engineering attacks like fake CAPTCHA schemes.

Barracuda Networks warns of a global spike in phishing-as-a-service email attacks using impersonation tactics to deceive healthcare, finance, and government sectors.

AI Appreciation Day highlights the need for ethical, human-centred innovation as AI transforms industries like law and cybersecurity with fresh challenges.

Over half of global public companies lack full enforcement of email phishing protections, leaving them vulnerable to costly cyberattacks, research finds.

Bitdefender to acquire global email security firm Mesh, integrating its technology to boost protection against email threats in 2024.

The cybercriminal group Scattered Spider has launched sophisticated phishing attacks targeting UK retailers, exploiting social engineering and advanced MFA-bypass tools.

Ransomware attacks in Australia surged in 2023–24, costing businesses up to AUD $97,200 on average, urging firms to bolster cyber defences and response plans.

Arctic Wolf launches Incident360 Retainer, blending proactive readiness with full incident response, promising up to 70% savings on major cyberattack recovery costs.

Cofense reveals AI-driven phishing emails bypass traditional defences every 42 seconds in 2024, posing a fresh challenge to email security systems.

Phishing remains the top US cybercrime, with 193,000 complaints; attackers now use subtle linkless emails and fake MFA alerts to trick users.

Expel expands its managed detection and response service to tackle email threats, integrating with Proofpoint, Abnormal Security, and Sublime Security.

A recent report by Arctic Wolf reveals cybercriminals are evolving their tactics, with 96% of ransomware cases now involving data theft to maximise ransom pressure.

ReliaQuest's new report reveals a worrying 24% rise in ransomware attacks on the manufacturing sector, impacting 624 companies between August 2024 and January 2025.

Cybercrime has overtaken state-sponsored hacking as the main online threat, with healthcare and energy sectors particularly vulnerable, warns Google.

VIPRE Security Group's annual report reveals over 90% of 7.2 billion processed emails in 2024 were spam, with ominous trends projected for 2025.