What Is Business Email Compromise?
Business Email Compromise (BEC) is a sophisticated scam where attackers gain access to or impersonate business email accounts to trick employees or partners into transferring funds.
These scams often involve careful research and timing, making the requests appear legitimate and urgent.
Common Types
- CEO Fraud: Emails that appear to come from executives requesting urgent payments.
- Invoice Fraud: Fake or altered invoices sent to companies for payment.
- Account Takeovers: Hackers gaining control of real email accounts to send fraudulent messages.
- Vendor Impersonation: Pretending to be a trusted supplier and requesting payment changes.
- Payroll Diversion: Redirecting employee salaries to fraudulent accounts.
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Your loss doesn’t have to be permanent.
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