The FBI has named Business Email Compromise (BEC) a $26 billion scam, and the threat is only increasing. Business email compromise (BEC) is a type of cybercrime in which a threat actor uses an email information-seeking scam to target a business to defraud the entire organization. Using social engineering techniques, BEC often occurs over fraudulent emails.

Time theft happens when employees dishonestly use their paid work hours for personal activities or tasks unrelated to work. Time fraud significantly impacts an organization’s productivity, business strategy, finances, and employee morale. To keep a high-performing work environment, companies must combat time theft.

Organizations face many threats today, but not all potential threats are from malicious activities outside the organization. Insider threats are just as significant, if not more significant, of a security risk to companies today. Since 2018, there has been a 40% increase in data breaches caused by company insiders, so they now represent most of them.

When you think of cybersecurity, your mind likely goes to external threat actors — malware, ransomware, spearphishing attacks, and other malicious activity. However, it’s crucial to note that 60% of data breaches are caused by insider threats, and a staggering 74% of organizations are at least moderately vulnerable to them. It’s not everybody else your organization needs to worry about; it’s your own people.

User and Entity Behavior Analytics (UEBA) is a long-term that essentially refers to a security process that utilizes analytics to identify abnormal network behavior. UEBA takes a proactive approach by scanning the actions of users and entities within a network. It doesn’t just react to threats but also establishes a baseline from which it learns to be more precise and timely, empowering you to stay ahead of potential security breaches!

Imagine being able to halt cybercriminals before they strike. This is the power of UEBA (User and Entity Behavior Analytics). UEBA stands out for its capability to identify suspicious activities that could indicate a security breach or insider threat. It does this by analyzing patterns and behaviors, making it a unique and powerful tool in the cybersecurity landscape. This article explores 17 powerful use cases demonstrating why UEBA protects your business.

When company leaders and managers consider their cybersecurity risks, they too often focus on their vulnerability to external threats only. While state-sponsored attacks, phishing attacks, ransomware, and third-party software infiltration are becoming more prevalent in the current threat landscape, it’s important that those potentialities don’t distract attention from the dangers posed by insider threats.

The average cost of a cyberattack in the United States is 9.5 million. With over 60% of businesses going bankrupt after experiencing a severe data breach, robust security measures to safeguard organizations’ digital assets and operations are urgently needed. A powerful tool gaining significant traction in addressing these challenges is Security Information and Event Management (SIEM).

Consider this: it’s not a question of if, but when, an insider threat attack will strike your company. A malicious insider, armed with legitimate access, can execute an insider attack. The aftermath? It can leave a lasting mark on your corporate reputation, intellectual property, security team, and employee morale.