One of the most prevalent types of cyberfraud is the Business Email Compromise, or BEC scam. These attacks are responsible for billions of dollars in fraud losses over the last few years, and the criminals keep getting better at scamming their victims.
Criminals use Business Email Compromise (BEC) attacks to obtain access to a business email account and imitate the owner’s identity, in order to defraud the company and its employees, customers or partners. In most cases, scammers focus efforts on employees with access to company finances or payroll data and other personally identifiable information (PII).
Asaf Cidon is vice president of content security services at Barracuda Networks. In this role, he is one of the leaders for Barracuda Sentinel, the company's AI solution for real-time spear phishing and cyber fraud defense. Barracuda Sentinel utilizes artificial intelligence to learn the unique communications patterns inside customer organizations to identify anomalies and guard against these personalized attacks. Asaf was previously CEO and co-founder of Sookasa, a cloud storage security startup that was acquired by Barracuda. Prior to that, he completed his PhD at Stanford, where his research focused on cloud storage reliability and performance. He also worked at Google’s web search engineering team. Asaf holds a PhD and MS in Electrical Engineering from Stanford, and BSc in Computer Engineering from the Technion.