🟢Business Email Compromise

What is Business Email Compromise (BEC)?

Business Email Compromise (BEC) is a sophisticated scam targeting businesses working with foreign suppliers and companies that regularly perform wire transfer payments.

BEC attackers often impersonate company executives or vendors, using phishing techniques to compromise official email accounts.

Once access is gained, they fraudulently request wire transfers or sensitive data from unsuspecting employees. BEC scams rely heavily on social engineering methods to deceive individuals into performing financial transactions or divulging confidential information under the guise of legitimate business activities.