Industry blog

Posted: 28 May 2019
mchandarana's picture

Business Email Compromise (BEC) is a type of phishing attack in which an attacker impersonates a high-level executive and attempts to trick an employee or customer into transferring money or sensitive data. According to the Federal Bureau of Investigation (FBI), as of 2018 this scheme has already caused $12.5 Billion in losses to companies. The FBI warned that there was a 60% increase in 2018...

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