Beware of: Business E-Mail Compromise (BEC)

*Previously posted on IPPIBlog.com

The following blog post is not about IP per se, however, it does address an alarming fraud scheme that organizations, brands, and IP support professionals need to to have an understanding and awareness of:

It’s called: Business E-Mail Compromise (BEC).

ALARMING TREND

There is an alarming scam-assault on businesses taking place in the U.S. and in Western Europe in which BEC is the weapon-of-choice.

And it demands the attention of management.

Details

Employee Use of Company Computers and Email Continues to Chronically Facilitate Trade Secrets Theft

* Previously posted on IPPIBlog.com

RECENT FIVE-PART BLOG SERIES-TRADE SECRETS THEFT ENTERPRISE

In last month’s five-part blog-post series titled, “Composition of a Trade Secrets Theft Enterprise-Case Study” we took a deep dive into how certain GlaxoKleinSmith (GSK – a U.S. pharmaceutical company) employees routinely downloaded trade secrets to their company email accounts then transferred it to their personal email accounts.

Part 1   Part 2    Part 3    Part 4   Part 5

AGAIN and AGAIN and AGAIN…

It just continues to be a common story. Employees (not outsiders!) transfer proprietary information from their company email accounts to their personal email accounts or download trade secrets from their company computers/laptops to the cloud or to a zip drive, and pass it on.

RECENT NOTABLE EXAMPLES

Here are four other recent examples within only the last thirty days:

Details