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BEC Cost Citizens Worldwide Over $55bn in Last 10 Years
By PJ Bradley on Tue, 11/19/2024
Business email compromise (BEC) is a sophisticated type of phishing that uses social engineering and deception to obtain access to sensitive accounts, networks, and data. In these attacks, bad actors pose as organization executives to request funds transfers from other members of the organization. Playing on the trust that employees place in executives, this scam demands that the attacker gather...