Business Email Compromise (BEC), aka CEO fraud, is so effective because it exploits trust, inattentiveness to detail and poor controls. FBI estimated that global BEC losses over the last five years had reached at least $12.5 billion. Security vendor Digital Shadows says barriers to getting into the BEC compromise game continue to fall. The company’s recent research found that anyone who wants to buy the credentials for a valuable compromised email account – particularly related to a company’s finance department – need pay only $150 to $500.”]
Source: https://www.cuinfosecurity.com/ceo-fraud-barriers-to-entry-falling-security-firm-warns-a-11585