Abnormal Security’s quarterly threat reports are the only source of industry data on the true volume of BEC attacks. In particular, attacks across a variety of categories grew at significant rates. Attackers are leveraging social engineering strategies to drive engagement with targets at substantially higher rates than traditional attacks. The rate of social engineering attacks has grown from 2020 to 2021, according to the report by Abnormal security experts. The number of companies hit by social-engineered attacks has declined by more than 10 per cent in the past year.”]
Source: https://www.healthcareinfosecurity.com/whitepapers/business-email-compromise-threat-report-w-8200