Nearly two-thirds of all advanced email attacks impersonate Microsoft or Amazon, according to new research by Foster City, Calif.-based Agari in its latest quarterly "Email Fraud & Identity Deception Trends" report.
Agari, which uses predictive artificial intelligence to stop advanced email attacks, identified how advanced email attacks target unsuspecting businesses and consumers with display name deception as the most common attack vector.
According to the FBI, business email compromise has become a $12 billion scam. Advanced email attacks, such as BEC, leverage identity deception methods, including domain name spoofing, lookalike domains and display name spoofing to take advantage of end-user trust.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
