Enterprise Retail Coporation

"Prevented $2.3M in BEC Losses Through Dark Web Monitoring & Employee Training"

The Challenge:

“As a financial services firm, we’re constantly targeted by sophisticated Business Email Compromise attacks. We nearly lost $850,000 in a CEO impersonation scam, and our executives’ credentials were regularly found on dark web markets. We needed proactive protection beyond basic training.”

Solution Implementation:

  • Deployed: MyCyberIQ Dark Web Monitoring + Advanced Phishing Simulations
  • Timeline: 3-month security enhancement program
  • Key Features Used:

     *Executive credential monitoring on dark web markets

     *Advanced BEC simulation training

     *Real-time alerting for exposed credentials

     *Executive protection coaching

     *Financial industry phishing templates

Measurable Results:

  • Prevented $2.3M in potential BEC losses in first year
  • 87% reduction in credential exposure incidents
  • 100% of executives completed advanced security training
  • Average phishing detection time improved from 48 hours to 15 minutes
  • Zero successful BEC attacks since implementation
  •  

CISO Testimonial:

“MyCyberIQ’s dark web monitoring gave us the early warning system we desperately needed. When our CFO’s credentials appeared on a hacker forum, we received an alert within minutes and prevented what could have been a devastating attack. The combination of continuous monitoring and targeted employee training has made us exponentially more resilient against financial cybercrime.”

Client Profile

Company

Mid-sized investment firm

Industry

Financial Services

Challenge

Targeted BEC attacks and executive impersonation threats

Solution

Dark Web Monitoring + Advanced Phishing Defense