How To Defend Against the Rise of BEC Attacks
ID: e12e7e94-7975-57d5-93ca-7eadab388b4a
STIX ID: report--e12e7e94-7975-57d5-93ca-7eadab388b4a
Feed Name: Arctic Wolf
This report explains Business Email Compromise (BEC) using early-2024 and other real-world cases to illustrate how attackers use credential theft, account takeover, and impersonation to steal funds or sensitive data. It details the typical BEC lifecycle (preparation, execution, deception, action), categorizes six common BEC types (e.g., CEO fraud, false invoices, attorney impersonation, data/product theft), contrasts BEC with phishing and ATO, and provides recommended mitigations such as phishing-resistant MFA, IAM best practices, awareness training with simulations, and integrated monitoring.
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