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Business email compromise (BEC) is a type of social engineering attack that takes place over email. In a BEC attack, an attacker falsifies an email message to trick the victim into performing some action — most often, transferring money to an account or location the attacker controls.
Jun 9, 2023 · Definition. Business Email Compromise/Email Account Compromise (BEC) is a sophisticated scam that targets both businesses and individuals who perform legitimate transfer-of-funds requests.
Jul 23, 2020 · Business Email Compromise: What it is, and how to stop it. Alex Thornton Jul 23, 2020. Business Email Compromise is a damaging form of cybercrime, with the potential to cost a company millions of dollars. Even the most astute can fall victim to one of these sophisticated schemes. Matt Lundy is Assistant General Counsel at Microsoft, responsible ...
Business email compromise, or BEC, is a spear-phishing email scam that attempts to steal money or sensitive data from a business. In a BEC attack, a cybercriminal (or cybercriminal gang) sends employees of the target organization emails that appear to be from a fellow employee, a vendor, partner, customer or other associate.
May 4, 2022 · Business Email Compromise/Email Account Compromise (BEC/EAC) is a sophisticated scam that targets both businesses and individuals who perform legitimate transfer-of-funds requests.
Feb 27, 2017 · The business e-mail compromise scam has resulted in companies and organizations losing billions of dollars. But as sophisticated as the fraud is, there is an easy solution to thwart it:...
Jan 17, 2023 · Business email compromise (BEC) is a constant and growing threat to organizations of all sizes and industries. In this scam, criminals use phishing to impersonate your executives or external business partners and vendors—all as a means to tricking your employees into divulging sensitive information or sending fraudulent payments.
