BEC is a growing type of cybercrime that generates billions in losses every year. It also involves cryptocurrency more and more, providing an additional layer of anonymity to the cybercriminals. The ...

“For five years in a row, BEC is responsible for the most financial losses reported to the FBI. We have no reason to believe that 2021 will be any different.” - Agari, 2021 As the industry rebounds ...

The Federal Bureau of Investigation (FBI) said today that the amount of money lost to business email compromise (BEC) scams continues to grow each year, with a 65% increase in the identified global ...

Business email compromise (BEC) remains the biggest source of financial losses, which totaled $2.4 billion in 2021, up from an estimated $1.8 billion in 2020, according to the Federal Bureau of ...

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Conversation hijacking attacks, which are typically a precursor to business email compromise (BEC), grew by triple-digits year-on-year in 2021, according to new data from Barracuda Networks. The ...

It’s a crime that siphons untold billions from the economy — but many people have never heard of it. Business Email Compromise scams involve criminals hacking into email accounts, pretending to be ...

Business email compromise is a severe threat that might affect any company. One promising way to improve detection on this kind of cybercrime might be intent-based detection. In a business email ...