The Costliest Cyber Fraud in History Business Email Compromise
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The Costliest Cyber Fraud in History: Business Email Compromise (On-Demand Webinar)
Description
Ransomware gets a lot of press, but business email compromise (BEC) has been far more lucrative. According to the Verizon 2021 Data Breach Investigations Report, BECs net the attacker nearly three times the median payout of a ransomware attack. In 2020, more than 19,000 businesses were targets of BEC attacks, with losses exceeding $1.8 billion. From the theft of small business payrolls to a thwarted $1 billion bank heist by North Korean government hackers, every organization has become a target.
This recorded session will introduce the concept of BEC, then cover the top BEC attacks, how they work and the steps to take if you or your client has been victimized.
Prerequisites
None
You Will Learn How To:
Assist a client with reporting a BEC attack and mitigating its financial damage
Assist a client with kicking out the attackers and hardening their systems from future attack
Identify commonly seen indicators of a BEC attack
Recognize the scope, common methods and targets of a BEC attack
CPE Information
| CPE Credit: | 2 |
|---|---|
| NASBA Information: | Information Technology |
| Advanced Preparation: | None |
| Last Updated: | September 2022 |
Presenter
Ross Worden - Speaker
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CPE Credit
Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.
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System Requirements:
- Internet access: High-speed connection recommended
- Speakers required for video sound
The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.
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