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How to Fight Business Email Compromise (BEC) with Email Authentication?

How to Fight Business Email Compromise (BEC) with Email Authentication?

February 22, 2021The Hacker News
An ever-evolving and rampant form of cybercrime that targets emails as the potential medium to conduct fraud is known as Business Email Compromise. Targeting commercial, government as well as non-profit organizations, BEC can lead to huge amounts of data loss, security breach, and compromised financial assets. It is a common misconception that cybercriminals usually lay their focus on MNCs and enterprise-level organizations. SMEs these days are just as much a target to email fraud as the larger industry players. How Can BEC Affect Organizations?  Examples of BEC include sophisticated social engineering attacks like phishing, CEO fraud, fake invoices, and email spoofing, to name a few. It can also be termed an impersonation attack wherein an attacker aims to defraud a company by posing people in authoritarian positions. Impersonating people like the CFO or CEO, a business partner, or anyone you will blindly place your trust in is what drives these attacks' success. February of
Enhancing Email Security with MTA-STS and SMTP TLS Reporting

Enhancing Email Security with MTA-STS and SMTP TLS Reporting

January 25, 2021The Hacker News
In 1982, when SMTP was first specified, it did not contain any mechanism for providing security at the transport level to secure communications between mail transfer agents. Later, in 1999, the STARTTLS command was added to SMTP that in turn supported the encryption of emails in between the servers, providing the ability to convert a non-secure connection into a secure one that is encrypted using TLS protocol. However, encryption is optional in SMTP, which implies that emails can be sent in plaintext.  Mail Transfer Agent-Strict Transport Security (MTA-STS)  is a relatively new standard that enables mail service providers the ability to enforce Transport Layer Security (TLS) to secure SMTP connections and to specify whether the sending SMTP servers should refuse to deliver emails to MX hosts that that does not offer TLS with a reliable server certificate. It has been proven to successfully mitigate TLS downgrade attacks and Man-in-the-Middle (MitM) attacks. SMTP TLS Reporting (TLS-
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