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Business email compromise (BEC), the 5 billion dollar scam

Business email compromise (BEC) continues to be a profitable attack technique for crooks. FBI has published data related to this specific criminal practice, and financial figures are astonishing. FBI also confirmed that BEC scams continue to increase, 2,370 percent over the past year. Businesses and personnel using open source e-mail are most targeted by Business Email Compromise, in many cases the criminals spoofed e-mails of individuals within enterprises who are entitled to submit such payment requests.”]

Source: https://securityaffairs.co/wordpress/58813/cyber-crime/business-email-compromise-fbi.html

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