Spear Phishing: 2020 OutlookBarracuda's Michael Flouton on the Evolution of Business Email Compromise
Looking ahead to 2020, Barracuda has just released a new report that outlines the four main types of spear phishing attacks, including business email compromise - and the business impact of these strikes. Michael Flouton of Barracuda shares insight.
Flouton, VP of email security products, says the impact of BEC is particularly striking in this new report.
"While BEC is about 7 percent of all spear phishing attacks, [it] actually causes about $26 billion in damage," Flouton says.
In an interview about Barracuda's new report, Flouton discusses:
- Highlights of the new research;
- The four main types of attack;
- Business impact and how to improve defenses.
Flouton is VP of Email Security Products at Barracuda. A 15-plus year security industry veteran, Mike joins Barracuda from BAE Systems, where he was VP of Worldwide Product Marketing for commercial solutions. Mike joined BAE Systems through their acquisition of cloud security pioneer SilverSky, where he was VP of Product Marketing. Previously, Mike held leadership positions in product marketing and product management in the security industry.