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64 times worse than ransomware? FBI statistics underline the horrific cost of business email compromise
By Graham Cluley on Thu, 03/18/2021
The FBI is reminding organisations of the serious threat posed by business email compromise (BEC) scams, declaring that it caused over $1.8 billion worth of losses to businesses last year.
The newly-published annual cybercrime report from the FBI's Internet Crime Complaint Center (IC3) reveals that it had received a record number of complaints and...