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How do cybercriminals decide on the best targets? How do cybercriminals decide on the best targets? (Source: Shutterstock)

Email account takeover and lateral phishing, where hackers use compromised accounts to distribute phishing emails to other recipients including company contacts and associates at other companies, present a growing organizational threat.

Over the past year, researchers from Campbell, Calif.-based Barracuda Networks, the University of California Berkeley and the University of California San Diego, teamed up to study the nature of email account takeovers, how attackers select potential victims, and tactics used to make attacks stealthier and more convincing. The research, detailed how email account takeover attacks are a widespread and effective attack enterprises need to defend against.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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