It only takes a single email account being compromised for an attacker to send out an email to all of that’s persons contacts. These sorts of attacks are often trusted as the person the email is coming from is a known and legitimate source.
Email Security is a critical piece of the puzzle when it comes to securing a business’s data. Australia is one of the most highly targeted countries of Email Attacks in the world. With cyber attacks such as Phishing, Ransomware, Business Email Compromise and Account Takeover becoming more prominent each year.
Business Email Compromise (BEC) was the cause of the highest losses across all scam types in 2019 within Australia, costing businesses AU$132 million as per the ACCC’s report.