What is Email Account Compromise (EAC)?
Email account compromise (EAC) is a type of cyberattack where attackers gain unauthorized access to a victim’s email account, often to conduct fraudulent activities such as business email compromise (BEC) scams.
How Email Account Compromise (EAC) Occurs?
- Phishing
- Credential Theft: Tricking users into providing email login credentials through deceptive emails or websites.
- Malware
- Keyloggers and Trojans: Using malware to capture email login credentials.
- Data Breaches
- Compromised Accounts: Using stolen credentials from data breaches to access email accounts.
- Social Engineering
- Manipulative Tactics: Convincing users to reveal their email login information through various forms of social engineering.
- Brute Force Attacks
- Password Guessing: Using automated tools to guess email passwords.
What are the Impacts of Email Account Compromise (EAC) on Businesses?
- Financial losses
- Fraudulent Activities: Financial losses from fraudulent activities conducted using compromised email accounts.
- Data Breaches
- Compromised Information: Loss of sensitive company data and confidential information.
- Reputation damage
- Trust Issues: Erosion of customer trust due to security breaches.
- Operational disruption
- Business Interruption: Disruptions in operations while addressing security breaches and reinforcing security measures.
- Legal and Regulatory Consequences
- Compliance Issues: Potential fines and legal repercussions for failing to protect email accounts adequately.
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