Abion / Blog / Are you having problems with false emails in your organisation?
bg2

Today, I would like to talk to you about email frauds, and how to avoid being the victim of one.

I am sure many of you recognise the following scenario:

  • You receive an email that appears to be from a co-worker.
  • There is something odd about the email because it urges you to transfer a large sum of money to an offshore account.
  • When you knock on the door of your co-worker’s office in order to ask a few questions about the request, it becomes clear she does not have a clue what you are talking about.

You have been “spoofed”.

Spoofing is an identity theft and attempt to commit fraud where the sender of an email looks very legit and/or a part of the same company.

There is a misconception that spam filters or antivirus programs takes care of spoofing. However, spoofing is not a “receiving” problem, but a “sending” problem, and as such not affected by these traditional security measures.

40 million Euros stolen by spoofing

In 2016, German industrial company Leoni AG, world leading manufacturer of cables and wires, was the victim of an email fraud that resulted in the transfer out of 40 million Euros. If that was not enough, when this became public their stock also dropped by 7% (source).

In order to counteract this growing and business critical problem, we at Abion have developed the service Secure Email (ECP).

Related reading

Abion Expands Norwegian Presence with Acquisition of Leading Domain Service Provider, Softgarden

Abion Expands Norwegian Presence with Acquisition of Leading Domain Service Provider, Softgarden

Announcements
English
pll_672372ce71107
5, November 2024
We are excited to announce the acquisition of Lane IP, a renowned UK-based IP specialist. This strategic acquisiti...
Domain Names

ICANN Ends Private Auctions for gTLDs

Domain Management
English
16, October 2024
ICANN has announced that private auctions will no longer be allowed — which were previously used to resolve situat...

This website uses cookies

Cookies ("cookies") consist of small text files. The text files contain data which is stored on your device. To be able to place some type of cookies we need your consent. We at Abion AB, corporate identity number 556633-6169 use these types of cookies. To read more about which cookies we use and storage duration, click here to get to our cookiepolicy.

Manage your cookie-settings

Necessary cookies

Necessary cookies are cookies that need to be placed for fundamental functions on the website to work. Fundamental functions are for instance cookies that are needed for you to use menus and navigate the website.

Functional cookies

Functional cookies need to be placed for the website to perform in the way that you expect. For instance to remember which language you prefer, to know if you are logged in, to keep the website secure, remember login credentials or to enable sorting of products on the website in the way that you prefer.

Statistical cookies

To know how you interact with the website we place cookies to collect statistics. These cookies anonymize personal data.

Ad measurement cookies

To be able to provide a better service and experience we place cookies to tailor marketing for you. Another purpose for this placement is to market products or services to you, give tailored offers or market and give recommendations on new concepts based on what you have bought from us previously.

Ad measurement user cookies

In order to show relevant ads we place cookies to tailor ads for you

Personalized ads cookies

To show relevant and personal ads we place cookies to provide unique offers that are tailored to your user data