Insecure Hashed Passwords
Business Email Compromise occurs when hackers have access to your credentials, including password and username login. The Australian Cyber Security Centre in 2020 published that Australians lost $634 million AUD to scams in 2019. For a hacker to have your credentials they must download or buy them on the dark web. These breach databases normally come with passwords in clear text or encrypted through a process called hashing.
To learn how to protect yourself against insecure passwords – Download the whitepaper.