{"id":10887,"date":"2024-04-12T13:18:24","date_gmt":"2024-04-12T20:18:24","guid":{"rendered":"https:\/\/www.soundcu.com\/?p=10887"},"modified":"2025-10-27T12:28:20","modified_gmt":"2025-10-27T19:28:20","slug":"protecting-your-business-safeguarding-your-business-from-email-phishing","status":"publish","type":"post","link":"https:\/\/www.soundcu.com\/blog\/protecting-your-business-safeguarding-your-business-from-email-phishing\/","title":{"rendered":"Protecting Your Business: Safeguarding Your Business From Email Phishing"},"content":{"rendered":"
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Protecting Your Business: Safeguarding Your Business From Email Phishing<\/h2>\n

There are a number of risks you’ll face in business and one of the most common ones are cyber security attacks called phishing. We\u2019ve recently seen an increase in phishing attacks known as Business Email Compromise (BEC) \u2013 an information-seeking scam in which an attacker targets a business to defraud the company.<\/p>\n

BEC attacks happen when a vendor you commonly work with clicks on a phishing email and gives up the username and password to their email account. The attacker then logs into the vendor\u2019s email, goes into their address book, and sends the same type of phishing email to everyone in the victim\u2019s address book, hoping to gain access to your<\/em> account in the same way to continue spreading the fraudulent email.<\/p>\n

While Business Email Compromise isn\u2019t new, both the FBI and FTC have reported an uptick in this activity in the last two years which is impacting both business and consumer accounts. BEC has been reported by the Law Enforcement to be the 2nd most damaging type of crime for 2023 with a reported $2.9 Billion<\/strong> in losses. Between October 2013 and December 2022, $50 billion<\/strong> has been reported to the FBI.<\/p>\n

Fortunately, phishing filters can stop a lot of those incoming messages before they reach anyone\u2019s inbox, but the bad guys are always changing up their tactics. Be extra vigilant when checking your emails for unusual or unsolicited emails from trusted vendors. They will often take the form of \u201cYou have an encrypted message from\u2026\u201d or \u201cYou have a Microsoft OneNote document shared by\u2026\u201d<\/p>\n

In addition to being on alert for your business, be aware that this expands beyond that and impacts our community. Below are some helpful tips to safeguard yourself from BEC attacks.<\/p>\n

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Ways to Protect Yourself<\/h3>\n