‘Whale’ Finance Attacks Target Businesses

By   ISBuzz Team
Writer , Information Security Buzz | Nov 02, 2015 10:00 pm PST

In response to the news that cyber-thieves are stealing millions of pounds using a scam based around faking email messages from company bosses where finance staff are asked to rush through a payment to a supplier, Gary Steele, CEO of Proofpoint have the following comments on it.

[su_note note_color=”#ffffcc” text_color=”#00000″]Gary Steele, CEO of Proofpoint :

“Strategies of attacks continually change as cyber criminals are always looking for the easiest way in to organizations, however the one tactic that is constant with today’s cyber criminals is email. Email is the #1 threat vector for organizations because all it takes is one click or one download by an individual, and the entire organization’s security is compromised. These attacks have become so sophisticated that they entice even the most-senior executives at companies. Today’s “whaling” fraud story illustrates that point. Organizations need to use advanced social, mobile, and email cyber security solutions that work to stop attacks before a human target is ever reached.”[/su_note][su_box title=”About Proofpoint” style=”noise” box_color=”#336588″]proofpoint_logoProofpoint Inc. (NASDAQ:PFPT) is a leading security-as-a-service provider that focuses on cloud-based solutions for threat protection, compliance, archiving & governance, and secure communications. Organizations around the world depend on Proofpoint’s expertise, patented technologies and on-demand delivery system to protect against phishing, malware and spam, safeguard privacy, encrypt sensitive information, and archive and govern messages and critical enterprise information.[/su_box]