Business Email Compromise (BEC) , Fraud Management & Cybercrime

Thwarting BEC Scams That Target Privileged Users

CISO Espen Otterstad on Enterprise Risk Management
Espen Otterstad, CISO, ABAX AS

To help mitigate the risks posed by business email compromise scams that target privileged users, enterprises need to create detailed enterprise risk management plans that spell out procedures to secure accounts, says Espen Otterstad, CISO at Norwegian telematics company ABAX AS.

See Also: 2021: A Cybersecurity Odyssey

In a presentation at the recent RSA APJ conference, Otterstad described why more BEC scams are targeting privileged users.

In this video interview with Information Security Media Group, he offers insights on:

  • Shortcomings in efforts to detect BEC scams;
  • The best processes for investigating these scams;
  • Implementing multifactor authentication methods.

Otterstad is the global head of IT and cybersecurity at the Norwegian telematics company ABAX, which tracks vehicles, equipment, plants and tools. With 20 years of IT and technology management experience, he focuses on developing a security culture.


About the Author

Geetha Nandikotkur

Geetha Nandikotkur

Managing Editor, Asia & the Middle East, ISMG

Nandikotkur is an award-winning journalist with over 20 years' experience in newspapers, audio-visual media, magazines and research. She has an understanding of technology and business journalism, and has moderated several roundtables and conferences, in addition to leading mentoring programs for the IT community. Prior to joining ISMG, Nandikotkur worked for 9.9 Media as a Group Editor for CIO & Leader, IT Next and CSO Forum.




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