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Business Email Compromise (BEC) Scam

By CertX November 15, 2019November 15, 2019
Security Updates

Business Email Compromise (BEC) is a type of phishing attack in which a hacker gains access to a business email account and replicates the proprietor’s identity. In 2018 alone, BEC cost companies a staggering $1.5 billion. Cybercriminals adopt various methods to mount BEC scam. A hacker collects publicly available information Continue Reading

Nikkei America, Ocala City employees swindled by BEC Fraudsters

By CertX November 5, 2019November 5, 2019
Cyber Crime

Organizations all over the world continue to be targeted by business email compromise scam (BEC), and the swindlers stole $742,000 from Ocala City in Florida. The City of Ocala is the last prey in order of time of a lucrative scam (BEC) attack, with swindlers having redirected over $742,000 to Continue Reading

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