Blog
Business Email Compromise (BEC): Putting $26 Billion in Known Losses into Context
Tue, 11/26/2019
Over the last four years, the information security community has learned a lot about business email compromise (BEC) and the inner workings of Nigerian cybercrime rings who have made it their mainstay.
We know BEC fraud has been reported in all 50 states and in 177 countries worldwide. We know that since June 2016, over $26 billion has been lost as a result of BEC. But we also...