Analyst Report
    Email Security

    How to Protect Organizations Against Business Email Compromise Phishing

    Gartner® report provides recommendations for security and risk management leaders.

    Our learnings from the report:

    • A new Gartner report takes a look at how organizations can best protect against business email compromise (BEC) phishing.
    • Endpoint protection platforms and endpoint detection and response solutions alone do not sufficiently protect against BEC.
    • BEC phishing attacks commonly use account takeover and can result in attackers changing payment details and wiring instructions via email.
    • To maximize protection against these types of attacks, organizations should implement AI-based secure email gateway solutions that offer advanced BEC phishing protection, behavioral analysis, imposter detection, and internal email protection.

    “BEC phishing attacks continue to pose a significant financial and data breach risk for organizations. A BEC attack impersonates or takes over a legitimate user email, and mostly targets high-ranking individuals, such as the CEO or others authorized to conduct fund transfers.”

    Security and risk management leaders who are responsible for their organization’s infrastructure security must look beyond just endpoint protection platforms and endpoint detection and response solutions in order to sufficiently protect against business email compromise (BEC) phishing attacks.

    These attacks, which commonly use account takeover of a sender’s account can result in attackers changing payment details and wiring instructions, and can be devastating for organizations that are not taking the necessary precautions to combat them.

    A recent Gartner report outlines the steps that risk leaders need to take in order to stop these threats. An AI-based secure email gateway solution that offers advanced BEC phishing protection, behavioral analysis, imposter detection, and internal email protection offers organizations the best chance at not falling victim to BEC phishing.

     

    Gartner, How to Protect Organizations Against Business Email Compromise Phishing, 21 August 2023, Satarupa Patnaik, Franz Hinner

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