Financial Crimes Enforcement Network (FinCEN) has issued an alert to financial institutions warning of a growing number of Business Email Compromise attacks. FinCEN says that in less than two years they have documented 32,000 cases of attempted theft totalling $9 billion since September 2016. That amounts to almost $8.7 million every single day. The FBI had warned last year that such scams had tried to steal $12.5 billion between October 2013 and May 2018. The top three sectors targeted in the attacks are manufacturing and construction (25$%), commercial services (18%) and real estate (16%)”]
Source: https://businessinsights.bitdefender.com/fraudsters-steal-million-business-email-compromise