FBI reports $5.3 billion in exposed loss for global and domestic companies between October 2013 and December 2016. Victims reported a total of 40,203 incidents in the same time period. Asian banks in China and Hong Kong are the primary recipients of fraudulent funds. Not much is known about how victims are selected but most are studied with social engineering prior to attacks. The IC3 reports a 2,370% increase in exposed losses related to BEC/EAC scams between January 2015 and Dec. 2016.”]