?? Beware of BEC Scams! ??

Business Email Compromise (BEC) scams are on the rise, targeting companies by impersonating trusted figures like CEOs or vendors. These scams often lead to unauthorized money transfers or data breaches.

?? Protect Your Business:

• Verify Requests: Always confirm unusual or urgent requests via phone or in-person.
• Train Your Team: Educate employees on recognizing signs of BEC scams.
• Use Secure Payment Methods: Ensure all transactions are traceable and secure.

Stay vigilant and safeguard your business from these sophisticated cyber threats!

Using supply chain monitoring can be an effective way to avoid Business Email Compromise (BEC) scams. Here are some key strategies:

• Monitor Supplier Communications: Keep a close eye on emails and communications from suppliers. Look for any unusual requests, especially those asking for changes in payment details or urgent actions.
• Implement Multi-Factor Authentication (MFA): Ensure that all financial transactions and sensitive communications require MFA. This adds an extra layer of security and makes it harder for attackers to gain unauthorized access.
• Regularly Update Contact Information: Maintain an up-to-date list of verified contact details for all suppliers and partners. Verify any changes through multiple channels before making any updates.
• Use Advanced Email Security Solutions: Implement solutions that offer advanced threat detection, such as behavioral analysis and machine learning, to identify and block suspicious emails.
• Conduct Regular Security Training: Educate employees about the risks of BEC scams and how to recognize them. Regular training sessions can help keep everyone vigilant and informed.

By incorporating these strategies into your supply chain monitoring processes, you can significantly reduce the risk of falling victim to BEC scams. Stay proactive and ensure your team is well-prepared to handle potential threats.

Request a demonstration on how our #SupplyChainDetectionResponse by #SecurityScorecard can help protect against any cyberattacks. Email: [email protected]