Business Email Compromise: Low-Tech, High-Impact Threat
Security Boulevard, November 7th, 2022
November 18, 2022,
Volume 296, Issue 3
According to the FBI's Internet Crime Complaint Center (IC3), there were 241,206 business email compromise incidents between 2016 and 2021, with combined global business losses of $43,312,749,946. In its 2021 internet crime report, the FBI cited BEC as the top internet crime in terms of victim loss for the seventh year in a row, totaling almost $2.4 billion in 2021. That was about a billion dollars more than the second-ranked crime.
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