Business Email Compromise
Benefits of the White Knight Labs BEC service
Improved User Awareness
Our Business Email Compromise (BEC) service can help educate and train your employees to recognize and respond appropriately to suspicious emails, enhancing your organization’s overall security posture.
Testing of Business Logic Processes
Our service can test the effectiveness of your organization’s business logic processes, such as accounting and vendor updates, to identify any potential vulnerabilities.
Cost Savings
By detecting and mitigating vulnerabilities early on, our BEC service can help your organization avoid the financial and reputational damage that can result from a successful phishing attack.
Strengthing your Defenses
White Knight Labs Business Email Compromise Service
Our BEC service enables businesses to simulate an internal phishing attack and assess how their organization would respond in such a scenario.
By compromising one employee’s email account and sending phishing emails to others, we help businesses identify potential vulnerabilities in their email systems and enhance their protection against such attacks.
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Authorized social engineering attacks: prepare and deliver targeted campaigns
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What is a Business Email Compromise?
Business Email Compromise (BEC) is a type of phishing attack where the attacker gains access to a business email account and sends emails that appear to be from that account to employees within the same company or to external parties, such as vendors or customers.
These emails often contain requests for sensitive information or financial transactions, and the attacker hopes to trick the recipient into divulging confidential data or sending money to fraudulent accounts.
It is important to note that most organizations only test their users by sending external phishing emails and never test what an internal compromise would look like.
This is where our BEC service can be particularly valuable, as it allows businesses to simulate an internal phishing attack and assess how their organization would respond in such a scenario, helping them to identify potential vulnerabilities and enhance their protection against such attacks.
Business Email Compromise
Business Email Compromise poses a serious threat to organizations of all sizes.
However, our BEC service at White Knight Labs provides a proactive solution to identifying and mitigating potential vulnerabilities in your email system.
Our BEC service enables businesses to simulate an internal phishing attack and assess how their organization would respond in such a scenario.
By compromising one employee’s email account and sending phishing emails to others, we can help identify any weaknesses in your email system and provide targeted recommendations to enhance your protection against such attacks.
With our BEC service, you can protect your organization against phishing attacks and ensure the security of your sensitive information.
How does the White Knight Labs BEC service work?
Our BEC service is designed to simulate a real-world attack on your organization’s email system. We will work with you to identify a target email account to compromise and create a customized phishing email that appears to come from that account. Our team will then send this email to a select group of employees within your organization, monitoring their responses to identify any potential vulnerabilities in your system.
In addition to our BEC simulation service, White Knight Labs can conduct the following assessments:
Malicious Payload Execution
We can conduct a test to determine whether users would download and execute a malicious payload from a trusted user.
Credential Gathering Phishing
We can conduct phishing simulations on commonly used login portals such as Duo, OKTA, O365, and others to test users’ ability to distinguish between real and fake login pages.
This comprehensive approach allows us to identify any weaknesses in your email system and provide targeted recommendations to help strengthen your security posture.
The Importance of Robust Business Logic Processes
An Example Scenario with White Knight Labs
A large manufacturing company contacted White Knight Labs to test the effectiveness of their email security measures. WKL was tasked with sending an email to the accounting email distribution list requesting they update to vendor ACH information. Using advanced social engineering techniques, WKL was able to buy and set up a similar domain to the company’s and cloned their website, posing as the business.
WKL then created a digital fake check with real bank account information and a fake authorization letter from a local bank near the vendor to accompany the fake check. WKL created multiple fake email addresses and used them within the phishing email to make it look like the vendor was adding team members to the email.
The phishing email was sent out to the accounting email distribution list and several employees within the company fell for the scam and updated the ccounting information with the new ACH information that White Knight Labs had provided.
This scenario underscores the critical importance of verifying any requests for sensitive information, even if they appear legitimate.The simulated attack by White Knight Labs demonstrated the ease with which attackers can use social engineering tactics to gain access to valuable data, or in this case update sensitive data. It is crucial to establish robust business logic processes that include verifying the authenticity of any requests for sensitive information and confirming the legitimacy of the sender before responding.
Why Choose White Knight Labs?
At White Knight Labs, we pride ourselves on our unique approach to cybersecurity. Our team specializes in thinking like attackers, and our engineers undergo extensive training to develop this mindset. This distinct perspective enables us to anticipate and understand the strategies and tactics attackers might use against your organization. By thinking like the enemy, we empower you to better defend your digital kingdom against potential threats.
Partner with White Knight Labs and fortify your Active Directory environment today. Our Active Directory Security Assessment will help you gain control, enhance visibility, and mitigate risks, ensuring your organization’s cybersecurity remains strong and vigilant. Contact us now to begin securing your kingdom.
A large manufacturing company contacted White Knight Labs to test the effectiveness of their email security measures. WKL was tasked with sending an email to the accounting email distribution list requesting an update to vendor ACH information. Using advanced social engineering techniques, WKL was able to buy and set up a similar domain to the company’s and cloned their website, posing as the business.
WKL then created a digital fake check with real bank account information and a fake authorization letter from a local bank near the vendor to accompany the fake check. WKL created multiple fake email addresses and used them within the phishing email to make it look like the vendor was adding team members to the email.
The phishing email was sent out to the accounting email distribution list and several employees within the company fell for the scam and updated the ccounting information with the new ACH information that White Knight Labs had provided.
This scenario underscores the critical importance of verifying any requests for sensitive information, even if they appear legitimate.
The simulated attack by White Knight Labs demonstrated the ease with which attackers can use social engineering tactics to gain access to valuable data, or in this case update sensitive data. It is crucial to establish robust business logic processes that include verifying the authenticity of any requests for sensitive information and confirming the legitimacy of the sender before responding.
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Risk reduction
At White Knight Labs, our risk reduction strategy melds unparalleled technical acumen with a client-focused approach to deliver targeted, cost-effective, and accessible solutions that fortify your organization against the ever-evolving cyber threat landscape.
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At White Knight Labs, we leverage our cybersecurity expertise to safeguard your business integrity, ensuring you operate securely, confidently, and build trust in an interconnected digital world.
data protection
At White Knight Labs, we deploy cutting-edge cybersecurity measures and personalized strategies to offer unwavering data protection, reinforcing our commitment to preserving your company’s invaluable digital assets.
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