Over the past two years, hackers have increasingly leveraged unsophisticated technologies and tools in attempts to convince companies and their staff to transfer well over a billion dollars to accounts within their control. These attacks have been dubbed ‘Business Email Compromise’ from the FBI and have resulted in attempted theft of funds exceeding $1.2 billion dollars. This presentation will outline the associated numbers tied to these attacks, details of how they work, real-world examples and key controls that can be implemented to protect a company’s assets.
- Business Email Compromise
- Financial Fraud
- Security Awareness and Internal Controls
About Derek Dahlen
Derek Dahlen is a Risk Manager and customer security advocate for a large financial services company with over ten years of experience in IT audit, fraud, information security and technology risk. Derek holds an undergraduate degree in Information Systems from the University of North Dakota. He is a certified information systems security professional and certified information systems auditor.
