Learn how Business Email Compromise makes inroads in small- to medium-sized businesses and enterprises today, and how to avoid being a victim of this billion-dollar scam.
Business Email Compromise (BEC) involves email scams that are far simpler than the technically advanced business threats such as data breaches and targeted attacks. The targeted emails come in the form of familiar business interaction—plain text from supposedly a highly revered executive or an established business contact—typically without malicious links or attachments, so it can bypass security measures. Touching base with the company via social engineering techniques, the scams ultimately lead to fraudulent transfers resulting to hundreds of thousands of dollars in losses.
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