Capstone Works Blog

Cases of COVID-19 have been surging once again in Texas, with younger patients being admitted to hospitals in unprecedented numbers. While these circumstances are obviously problematic enough, cybercriminals will not hesitate to use the confusion this crisis is creating to their advantage. Let’s go over some of the security risks that healthcare organizations currently face, and what should be done to minimize these risks.

The FBI has issued alerts to all businesses about the spread of BEC scams.  One of the fastest growing hazards facing businesses today is the growth of Business Email Compromise or BEC scams.  According to the FBI, these scams have grown by more than 270% since the beginning of last year.  At their last reporting, more than 7,000 businesses have lost more than $1.2 billion in the last 2 years.  At Capstone Works we help you to manage your IT risks.  We are at the forefront of IT risk management; monitoring, assessing and evaluating threats to your network no matter where they may come from.  You can be confident knowing that Capstone Works is in your corner.  While these scams may, at first, seem less impressive than thefts perpetrated by sophisticated malware targeting banks and other large institutions; a BEC attack is, in reality, more vicious.  They are more versatile and can avoid the basic security steps taken by businesses and individuals.  Instead of simply targeting your machines, a BEC scam targets your people!  Criminals are convincing their victims to hand company money right over to them, and they have been very successful in doing so.  According to the FBI, “The scam has been reported in all 50 states and in 79 countries.  Fraudulent transfers have been reported going to 72 countries; however, the majority of the transfers are going to Asian banks located within China and Hong Kong.