Australian businesses claim to have lost more than $7.2 million due to security breaches and phishing emails. Most of this loss is around $3.8 million because of sophisticated business email compromise scams. Scammers hack business email systems, impersonate emails and change the email sender to appear from a trusted source. The scammers then request to change the payment details so that the payment is done to the scammer instead of the intended business. The email scams are not just limited to huge corporate houses. The scammers even target the local sports club or community groups. No matter what size the business is, the truth is that such scams affect the bottom line of businesses.<\/p>\n
To prevent such attacks, SOPHOS<\/a><\/strong> has made several arrangements<\/a><\/strong> which enable you to detect and even block these. Impersonation attacks are done from uncertain sources and hence are hard to combat and track down. The phishing emails doesn\u2019t carry any malicious payload and are unidentifiable. They are often sent with the name of a trusted employee in the organisation and therefore it is almost next to impossible for any receiver to also identify. Also, the scammers launch this attack from a free emailing tool or use a domain name which is quite similar to any corporate domain name.