Business Email Compromise (BEC) scams recorded the highest total losses by victims, at roughly $1.8 billion USD. The IC3 has found that the three biggest complaints they received in 2020 are phishing scams, which garnered the highest number of complaints (241,342), ransomware (2,474), and, perhaps the most striking of these, BEC (19,369) BEC scams rely on the pressure that junior employees feel when asked to comply with demands from senior employees and told not to alert anyone else.”]