Business Email Compromise stories - Page 4

Cybersecurity startup AegisAI raises USD $13 million to launch AI-driven email security platform combating phishing and malware threats more effectively.

Varonis has acquired AI-driven email security firm SlashNext for up to USD $150 million, enhancing its threat detection across emails and messaging platforms.

Cybersecurity is now central to Australia's economic growth, safeguarding digital infrastructure amid rising cybercrime costing organisations up to AUD $63,600 per incident.

AI is driving a rise in complex social engineering attacks, with 41% of organisations facing more cyberattacks and many ill-prepared to defend against them.

Acronis reports a 70% rise in ransomware victims in H1 2025, with AI-driven phishing attacks surging, especially targeting managed service providers.

Attackers are increasingly exploiting AI tools in emails, manipulating assistants and defences to steal data and disrupt organisations' security.

AI reshapes cyber defence, with firms battling human error and rising AI-driven attacks while leveraging predictive tools for threat detection and prevention.

Emerging cyber threats in 2025, including AI-driven attacks and ransomware, target healthcare and industry, with breach costs soaring to USD $5.3 million.

Email attacks on firms surge as AI-powered phishing kits, especially in manufacturing, challenge defences, warns VIPRE Security Group's Q2 2025 report.

Check Point leads in AI-powered email security, acclaimed by GigaOm for its Harmony Email & Collaboration solution tackling advanced phishing threats.

LevelBlue reports cyber incidents tripled to 17% in early 2025, driven by a 1,450% rise in social engineering attacks like fake CAPTCHA schemes.

Barracuda Networks warns of a global spike in phishing-as-a-service email attacks using impersonation tactics to deceive healthcare, finance, and government sectors.

AI Appreciation Day highlights the need for ethical, human-centred innovation as AI transforms industries like law and cybersecurity with fresh challenges.

Over half of global public companies lack full enforcement of email phishing protections, leaving them vulnerable to costly cyberattacks, research finds.

AI agents are transforming business and cybersecurity by automating tasks, reducing response times, and enhancing threat detection with human oversight.

ANZ organisations face high engagement with business and vendor email compromise scams, with low reporting rates highlighting a growing cybersecurity risk.

Bitdefender to acquire global email security firm Mesh, integrating its technology to boost protection against email threats in 2024.

New Zealand's cyber incidents in Q1 2025 caused NZD $7.8 million in losses, marking a 14.7% rise and the second-highest quarterly total ever reported.

Ransomware attacks in Australia surged in 2023–24, costing businesses up to AUD $97,200 on average, urging firms to bolster cyber defences and response plans.

Arctic Wolf launches Incident360 Retainer, blending proactive readiness with full incident response, promising up to 70% savings on major cyberattack recovery costs.