Understanding Business Email Compromise
Business Email Compromise (BEC) is a sophisticated scam targeting businesses that conduct wire transfers and have suppliers abroad, resulting in billions in losses annually.
How BEC Attacks Work
BEC scammers research companies and executives through social media and company websites. They then impersonate CEOs, vendors, or business partners through spoofed emails or compromised accounts to request urgent wire transfers or sensitive information.
Common tactics include CEO fraud (fake executive requests), vendor impersonation (fake invoice changes), attorney impersonation (fake legal requests), and account compromise (hijacked email accounts). These attacks often target finance departments during busy periods.
Our rapid response team specializes in immediate containment, forensic investigation, and coordination with financial institutions and law enforcement to maximize fund recovery and prevent future attacks.
Warning Signs of Business Email Compromise
Recognize these red flags to protect your business from BEC attacks and wire transfer fraud.
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