Business Email Compromise (BEC) Attacks Rise in 75% of Industries According to Abnormal Security Research

BEC Campaign Attack Volume Increases 15% in Q3 2020; Invoice and Payment Fraud Attacks Rise 155% Quarter-over-Quarter, Partially Fueled by Pandemic

Abnormal Security, a next-generation email security company, today released the Abnormal Security Quarterly BEC Report for Q3 2020. The research, which analyzes business email compromise attacks tracked by Abnormal from July-September 2020, found that BEC campaign volume increased 15% quarter-over-quarter, driven by an explosion in invoice and payment fraud.

“As the industry’s only measure of BEC attack volume by industry, our quarterly BEC research is important for CISOs to prepare and stay ahead of attackers,” said Evan Reiser, CEO of Abnormal Security. “Not only are BEC campaigns continuing to increase overall, they are rising in 75% of industries that we track. Since these attacks are targeted and sophisticated, these increases could indicate an ability for threat actors to scale that may overwhelm some businesses.”

For this research, Abnormal Security

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Finolex Industries share price rises in early trade as Q2 profit jumps 20% to Rs 122 crore



a building with a mountain in the background: Finolex Industries share price rises in early trade as Q2 profit jumps 20% to Rs 122 crore


© Sandip Das
Finolex Industries share price rises in early trade as Q2 profit jumps 20% to Rs 122 crore

Finolex Industries share price jumped over 4 percent in the morning sesssion on October 27 after the company declared its September quarter results. Net profit of Finolex Industries jumped 20.1 percent to Rs 122.83 crore in the quarter ended September 2020 as against Rs 102.27 crore during the previous quarter ended September 2019.

Sales of the company was up 1.58 percent to Rs 585.78 crore in the quarter ended September 2020 as against Rs 576.67 crore during the previous quarter ended September 2019.

The stock was trading at Rs 554.45, up Rs 22.35, or 4.20 percent at 09:24 hours. It has touched an intraday high of Rs 579.00 and an intraday low of Rs 549.10.

The Board of Directors of the Company at its meeting held on October 26, 2020

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EnPro Industries Announces Successful Completion of Alluxa, Inc. Acquisition

EnPro Industries, Inc. (NYSE: NPO), a leading technology company using materials science to push the boundaries of the semiconductor, life sciences, and other technology-enabled sectors, today announced that it has closed the acquisition of Alluxa, Inc., a privately held, California-based company. EnPro announced an agreement to acquire Alluxa on September 28, 2020.

Alluxa is a technology company that provides specialized optical filters and thin-film precision coatings for the most challenging applications in the industrial technology, life sciences, and semiconductor markets. The company’s products are developed through a proprietary coating process using state-of-the-art, advanced equipment. Alluxa partners with customers across major end markets to provide customized, complex precision coating solutions through Alluxa’s specialized technology platform and proprietary processes.

The completion of this transaction supports EnPro’s strategy to focus the portfolio on materials science-based businesses with leading technologies, compelling margins, strong cash flow, and recurring revenue models that serve markets with favorable

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