FBI: Global Business Email Compromise Losses Hit $12.5 billion. FBI: 41,058 total U.S. victims who collectively lost at least $2.9 billion. Business email compromise – also called email account compromise or CEO fraud – “is a sophisticated scam targeting both businesses and individuals performing wire transfer payments” IC3 is the contact point for consumers and businesses that want to report fraud to authorities. The latest FBI data draws on fraud reports submitted by victims around the world from October 2013 to May 2018.”]
Source: https://www.govinfosecurity.com/fbi-alert-reported-ceo-fraud-losses-hit-125-billion-a-11206