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Business Email Compromise (BEC)
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This email scam is the costliest type of cybercrime
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In 2023, Business Email Compromise (BEC) represented $6.7B in losses, and 67% of cyber-enabled scam losses were a result of BEC as revealed in our 2024 Global Financial Crime Report. Today, we share Lilah’s story as a victim of a business email compromise, a phishing scheme going after the $130,000 down payment for her family dream home. | Nasdaq
0:54
In 2023, Business Email Compromise (BEC) represented $6.7B in losses, and 67% of cyber-enabled scam losses were a result of BEC as revealed in our 2024 Global Financial Crime Report. Today, we share Lilah’s story as a victim of a business email compromise, a phishing scheme going after the $130,000 down payment for her family dream home. | Nasdaq
604 viewsFeb 7, 2024
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