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Business email compromise (BEC) is a type of cybercrime where the scammer uses email to trick someone into sending money or divulging confidential company info. The culprit poses as a trusted figure, then asks for a fake bill to be paid or for sensitive data they can use in another scam. BEC scams are on the rise due to increased remote work ...
Business Email Compromise (BEC) is a type of scam in which threat actors exploit vulnerabilities in email systems. They often impersonate trusted figures in an organization (CEOs, financial officers, etc.) to manipulate employees into transferring funds or revealing sensitive information. These attacks rely heavily on social engineering tactics ...
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. BEC attacks differ from other types of email-based attacks ...
Aug 4, 2024 · A business email compromise (BEC) attack is a phishing attack where cybercriminals target businesses and their employees by sending fake communication. They deceive victims into sending money or divulging confidential details. Attackers do this by deploying social engineering tricks. They pose as trusted figures – a boss, a regular vendor, or ...
Definition. Business Email Compromise (BEC) is a financially motivated email attack where threat actors attempt to manipulate employees into transferring funds or disclosing sensitive information. In these targeted attacks, scammers often target organizations like schools, governments, and non-profits. A sub-category of phishing attacks, BEC ...
Jun 25, 2024 · Table Table 2: The list of red flags to recognize BEC phishing emails. Why is Business Email Compromise Important? Business Email Compromise (BEC) is important because it poses severe negative consequences for organizations. These include substantial financial losses, as employees can be tricked into transferring large sums of money to attackers.
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How to protect against BEC phishing and malware attacks?
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What is the difference between Bec and phishing?
Email account compromise: This is a common type of BEC scam in which an employee's email account is hacked and used to request payments from vendors. The money is then sent to attacker-controlled bank accounts. Employee impersonation: This type of BEC takes the form of an email scam, in which a bad actor impersonates a trusted internal employee ...
