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While ransomware gets all the headlines, business email compromise is still the single biggest cybersecurity threat for Australian businesses. The FBI reports that losses from business email compromise and payment fraud in 2020 were 62 times higher than from ransomware. So it is critical that businesses understand how to protect themselves against business email compromise and how to respond to an incident.
Kennedys has handled scores of business email compromise incidents and this seminar draws on that experience to discuss current trends in business email compromise incidents and look at the legal and regulatory aspects of responding to an incident, including breach notification requirements and disputes about misdirected payments.
