The US Department of Health & Human Services’ Health Sector Cybersecurity Coordination Center (HC3) labeled business email compromise (BEC) as an online crime causing major financial damage. BEC scams, which are hard to detect and target organizations worldwide, potentially cost billions by tricking individuals into revealing company information or sending money. The HC3 presented an overview of BEC and suggested defense mechanisms, emphasizing email protection, user awareness, account protection, and content inspection. To mitigate a BEC scam, organizations were advised to alert financial institutions and report to authorities swiftly.
How CISOs And SOC Heads Can Protect The Organization
Social engineering dominates modern cybersecurity, exploiting human psychology to breach systems despite advanced defenses. Techniques like phishing are prevalent. CISOs must foster vigilance through continuous
