Email Compromise – How Does it Work?

Email compromises are becoming more and more dangerous every year, and it’s important to know how they work. 

Email Compromises involve the hacking of a company or personal email address with the intent to impersonate an individual or company. A hacker impersonating a trusted source could steal financial information, sensitive customer data, or trade secrets.

How do they steal email addresses?

The easiest way a hacker will steal an email address to impersonate someone is through a spear phishing attack. It could be a fake web page, a fake email, or even a fake phone call, but somehow the hacker will get a hold of their targets email account username and password.

Who do they impersonate?

If a hacker can’t get to you directly, the easiest way to steal from you or your company is by impersonating someone in a high level position at your company or a trusted vendor/supplier.

If it’s an important person at your own company, usually the email will demand you send over wire transfer information right away. The hacker is hoping that you will fall for this scam because it is an urgent request from someone with authority over you.

If it’s a vendor/supplier, a hacker will usually request a copy of an invoice or similar document with financial information on it. They may say they need to send over a payment and ask for the company’s banking information.

How Can I Protect My Business?

They best way to protect your business from these type of attacks is to implement a recurring cyber security training plan. Knowing the signs of a threat and following up with the correct response is critical for the life of your business.



Preparing for an IT Disaster

IT disasters are devastating to the infrastructure of any business. In 2018, threats to your IT infrastructure are growing no matter what sector your business ...
Read More →

Building an Incident Response Program

In part one of our series, our overview of Building an incident response plan, we discussed what regulations organizations will need to meet in order ...
Read More →

NetConnect / VISN-IT Featured in StorageCraft Press Release

New StorageCraft Partner Success Program Boosts Profit Paths Across All Channel Partner Business Models DRAPER, Utah, Sept. 27, 2018 /PRNewswire/ — StorageCraft®, whose mission is to protect all ...
Read More →

Small Business Cyber Security Concerns

The truth is that Small Businesses have a lot to fear when it comes to Cyber Security. Any disruption that causes downtime or loss of ...
Read More →

Email Compromise – How Does it Work?

Email compromises are becoming more and more dangerous every year, and it’s important to know how they work.  Email Compromises involve the hacking of a ...
Read More →
Cloud Computing

Cloud Computing Pros and Cons

What is the cloud?  Cloud Computing is “the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, ...
Read More →

Phishing Threats

Phishing threats are getting more and more sophisticated as cyber security measures become smarter. The main reason why phishing must be handled differently than other ...
Read More →

The Dark Web and You

Why Should I Care About the Dark Web? Chances are that somewhere out on the Dark Web lies passwords, email address, and other compromising information ...
Read More →

The New Extortion Scam you’ll want to look out for!

Email Threats constantly evolve and try to find new ways to steal your money or steal your information. A large part of Cyber Security is ...
Read More →

Two Factor Authentication – Do I Really Need It?

Two Factor Authentication procedures or Multi Factor Authentication procedures are a part of many interactions in our daily life. Most credit and debit cards now ...
Read More →

The True Cost of a Data Breach

One of the biggest headaches your company can endure is a data breach. Whether its caused by employee error or targeted cyber attacks, the long ...
Read More →
Employee Data Risk

Employees and Data – Are You At Risk?

One of the main sources of data vulnerability is employees. When owners and executives think of data breaches, however, one of the last places they ...
Read More →

California Consumer Privacy Act and the risk to Small Business

Late last week, California passed the California Consumer Privacy Act of 2018. Effective as of January 1st, 2020, the bill is a big step up ...
Read More →

Data Regulation and the Future

Every day more and more data breaches are occurring. Virtually every consumer in the United States already has had their information leaked to the dark ...
Read More →

Best Practices for Online Safety

Online safety is something everyone should care about. All of your sensitive information such as financial data, identity data, and viewing data are all over ...
Read More →