Business email compromise (BEC) is not as well known as ransomware. This is a scheme created by hackers to spoof emails in order to impersonate your company’s authority figures or vendors. The minute they are able to infiltrate your business email, these hackers will try to charge payments and since these emails look very legitimate, you will easily be fooled. This con has changed, though, and now it doesn’t even involve money. Instead, the same method is employed to steal employees’ tax and payroll records, as well as personally identifying information about them.
Here are ways how to protect your company from any BEC attacks:
1.Don’t use free web-based email addresses.
Instead of using free web-based accounts, register a company domain name and use it to create company email accounts. There are many web hosting sites online to acquire a company domain.
2.Make corporate email accounts multi-factor Authentication enabled.
A password and a dynamic pin, code, or biometric are required for this sort of authentication in order to log in. By using multi-factor authentication, a cybercriminal will have a tougher time accessing employees’ email accounts and will have a harder time conducting a BEC attack.
3.Always verify the sender’s email address.
A faked email address frequently shares the same extension as an actual email address.
4.Business emails should only be “forwarded,” not “replied.”
The right email address must be manually entered or chosen from the address book in order to forward the email. By forwarding, you may be sure to utilize the correct email address for the intended recipient.
5.Always secure your domain.
To trick BEC victims, domain spoofing exploits minor differences in real email addresses. By registering domain names that are similar to yours, you can significantly reduce the likelihood of successful assaults that use email spoofing.
6.Never open emails from unknown senders.
In that case, you should avoid clicking on links or opening attachments because they frequently contain malware that can access your computer system. Think before you click.
7.Limit your internet sharing.
Use caution when posting information on company websites and social media, particularly when it comes to job descriptions, organizational charts, and out-of-office times.
8.When sending money or data, always double-check.
Establish a standard operating procedure requiring staff to confirm emails requesting confidential information or wire transfers. Instead of calling the phone numbers supplied in the email, confirm in person or over the phone using previously known numbers.
9.Know the customs of your vendors and customers.
Be cautious if corporate procedures suddenly shift. For instance, the request might be deceptive if a business contact unexpectedly requests that you use their personal email account when all of your prior correspondence has been done via work email. A other source should be used to confirm the request.
You can always know if an email is malicious or not if you keep yourself updated and educated with the latest trend on cybersecurity. If you are not too careful, this will greatly cost your company and the people relying on it. Keep your company safe from hackers and BEC attacks by following all these steps. Always be cautious and vigilant.
If you want to discuss having your company protected from BEC attacks by a reputable cybersecurity company, contact us today.
