FBI: Global Business Email Compromise Losses Hit $12.5 billion; total number of known victims reached 78,617. Business email compromise – also called email account compromise or CEO fraud – “is a sophisticated scam targeting both businesses and individuals performing wire transfer payments” The FBI counts 41,058 total U.S. victims who collectively lost at least $2.9 billion. In the United States, criminals are increasingly running scams that target not just PII and W-2 forms but also stealing funds from real estate sector.”]
Source: https://www.cuinfosecurity.com/fbi-global-business-email-compromise-losses-hit-125-billion-a-11206