Google AI
The Times Australia
The Times Technology News

.

Business email compromise attacks are on the rise

  • Written by NordLocker

Expert shares 5 simple steps to combat email threats every business should consider following

There’s an astounding 84% increase in business email compromise attacks, according to the latest Email Threat Report, which compares half-yearly statistics. The news should be particularly alarming to organizations that use email services as their main means of internal communication or correspondence with their partners and clients.

“Today, cybercriminals use highly sophisticated strategies to trick their victims into revealing sensitive information, sending money, or even giving access to their employer’s computer systems,” says Oliver Noble, a cybersecurity expert at NordLocker, an encrypted cloud storage service provider. “One of the most dangerous cyber threats to a business is social engineering, which occurs when hackers exploit human psychology to gain benefit. Unluckily, human error remains the most common reason for cybersecurity breaches.”

Data breach is one email apart

For irreparable damage to happen, a business needs just one well-constructed email to be opened and acted on by a vulnerable employee.

“The overwhelming amount of online communication has been causing many employees to be more distracted and less cautious about which emails they open and which links they click on,”  explains Oliver Noble. “Business email compromise attacks usually impersonate a trusted colleague or even the head of a company, a partner, or a well-known service provider to convince a recipient to engage in actions such as revealing confidential data, paying fake invoices, giving away their login credentials on a bogus webpage, or deploying malicious software, such as ransomware, on the victim's infrastructure.”

To avoid the doomsday scenario, Noble provides five easy-to-follow tips that can help protect your business from falling victim to email attacks.

5 steps to mitigate the risks of business email compromise

  • * Secure your email by training your staff to identify signs of malware, especially when an email contains attachments or links.
  • * Use spam filters. In recent years, email platforms have established filtering systems that are advanced in detecting unwanted emails. Even though they are not perfect, spam filters do a good job of screening out suspicious messages.
  • * Implement a secure file-sharing process. Despite being unsafe, email is still the most common means for file sharing. An encrypted cloud solution may be the most secure solution for sharing your sensitive files among colleagues and with third parties.
  • * Make sure your employees use strong, unique passwords to connect to your systems. Better yet, start using password managers and multi-factor authentication.
  • * Adopt zero-trust network access, meaning that every request for access to digital resources by a member of staff should be granted only after their identity has been appropriately verified.
     

ABOUT NORDLOCKER

NordLocker is the world’s first end-to-end encrypted cloud with a file encryption tool. It was created by the cybersecurity experts behind NordVPN – one of the most advanced VPN service providers on the market. NordLocker is available on various platforms, supports all file types, offers a fast and intuitive interface, and guarantees secure sync between devices. With NordLocker, files are protected from hacking, surveillance, and data collection. For more information: nordlocker.com.

Times Magazine

How Decentralised Applications Are Reshaping Enterprise Software in Australia

Australian businesses are experiencing a quiet revolution in how they manage data, execute agreeme...

Bambu Lab P2S 3D Printer Review: High-End Performance Meets Everyday Usability

After a full month of hands-on testing, the Bambu Lab P2S 3D printer has proven itself to be one...

Nearly Half of Disadvantaged Australian Schools Run Libraries on Less Than $1000 a Year

A new national snapshot from Dymocks Children’s Charities reveals outdated books, no librarians ...

Growing EV popularity is leading to queues at fast chargers. Could a kerbside charger network help?

The war on Iran has made crystal clear how shaky our reliance on fossil fuels is. It’s no surpri...

TRUCKIES UNDER THE PUMP AS FUEL PRICES BECOME TWO THIRDS OF OPERATING COSTS FOR SOME BUSINESS OWNERS

As Australia’s fuel crisis continues, truck drivers across the nation are being hit hard despite t...

iPhone: What are the latest features in iOS 26.5 Beta 1?

Apple has quietly released the first developer beta of iOS 26.5, and while it may not be the hea...

The Times Features

The Decentralized DJ: How Play House is Rewriting the M…

The traditional music industry model is currently facing its most significant challenge since the ...

What Australians Use YouTube For

In Australia, YouTube is no longer just a video platform—it is infrastructure. It entertains, e...

Independent MPs warn NDIS funding cuts risk leaving vul…

Federal Independent MPs have called on the Albanese Government to provide greater transparency...

While Fuel Has Our Attention, There Are Many More Issue…

Australia is once again fixated on fuel. Petrol prices rise, headlines follow, political pressu...

Recent outbreaks highlight the risks of bacterial menin…

Outbreaks of bacterial meningococcal disease in England[1] and recent cases in students in New Z...

Nationals leader Matt Canavan promotes work from home t…

Nationals leader Matt Canavan has urged the embrace of work-from-home opportunities as a way to ...

Nearly Half of Disadvantaged Australian Schools Run Lib…

A new national snapshot from Dymocks Children’s Charities reveals outdated books, no librarians ...

Why a Skin Check Should Be Part of Your Gather Round Pl…

There’s a certain rhythm to AFL Gather Round - long days outdoors, packed stands, and a city that ...

Kinder Joy Hosts a Free Night in the Museum Dinosaur Ad…

This April, Kinder Joy invites families to step into a thrilling after-hours dinosaur adventure ...