Cyber Security News reported:
The automotive industry is experiencing a surge in BEC and VEC attacks due to high-value transactions and complex supply chains with numerous vendors.
BEC attacks against automotive businesses rose by 70.5% between September 2023 and February 2024, while 63% of automotive industry customers encountered VEC attacks in the same period. These social engineering attacks bypass traditional security measures, making employees the primary defense.
The automotive industry is experiencing a surge in BEC and VEC attacks due to high-value transactions and complex supply chains with numerous vendors.
BEC attacks against automotive businesses rose by 70.5% between September 2023 and February 2024, while 63% of automotive industry customers encountered VEC attacks in the same period. These social engineering attacks bypass traditional security measures, making employees the primary defense.
Find the original article here along with a visual of an invoice used in one incident here.
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