SERVICE DESCRIPTION

Cynode's "Business Email Compromise" (BEC) Detection and Response is a comprehensive service designed to monitor, detect, and respond to BEC-related activities in our customers' networks. The service identifies potential BEC threats such as impersonation, fraud, false invoices, data theft, and the spread of malicious codes in real time. It responds to any signals or unusual activities that need validation, while also externally monitoring compromised account intelligence.

WHY IS THIS SERVICE IMPORTANT?

Business Email Compromise is a critical threat category that affects enterprises of all sizes. European Union’s Enisa indicates in its 2023 cyber threat report that BEC is attackers’ favourite means for extracting financial gain from their victims. All organisations need to mitigate this risk by monitoring identity, messaging, and SaaS applications to prevent data theft, financial loss and consequential reputational damage.  

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KEY FACTS

European Union’s Enisa indicates in its 2023 cyber threat report that BEC is attackers’ favourite means for extracting financial gain from their victims.

Enisa

 

 

 

In 2023, the IC3 of FBI received 21,489 BEC complaints with adjusted losses over $2.9 billion.

FBI

BENEFITS
  • Respond to Business Email Compromise (BEC) promptly to reduce risks.
  • Prioritise likely targets and scenarios.
  • Make sure corporate accounts are protected at early phases of attacks.
  • Implement a BEC monitoring framework without overburdening cybersecurity teams.
  • Safeguard employee and executive email accounts to unburden cybersecurity teams.
FEATURES
  • Monitoring system for detecting unusual sign-ins.
  • Tracking anomalies to identify unusual email and cloud application activities.
  • Attention to users with specific data and potential phishing attempts.
  • Implement a BEC monitoring framework without overburdening cybersecurity teams.
  • Response system for compromised accounts including session revocation, password reset, and MFA enforcement.
  • Investigation into the dark web for sensitive data leaks and similar domain registrations.
INTEGRATED SOLUTIONS
  • IDPs (Azure AD, Entra ID, AD, Okta)
  • CASBs.
  • Mail Security Solutions.
  • Mail Gateways
  • CTI Breach Monitoring

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