Business Email Compromise: Driving the cyber-crime pandemic
Business Email Compromise (BEC) attacks are a sophisticated type of scam, targeting both businesses and individuals, which aim to transfer funds from victims’ bank accounts to criminals. The FBI’s 2019 Internet Crime Report states that the total annual losses generated by BEC in the US alone reached $1.7 billion. BEC scams also accounted for half of all cybercrime losses in the US in 2019, making ... »