Pirates of the Inbox: Navigating the Dangerous World of Business Email Compromise
Business Email Compromise (BEC) is one of the fastest-growing and financially-damaging cybercrimes. It has consistently led the way in cybercrime losses in recent years. According to the 2022 FBI Internet Crime Report, the FBI received 21,832 Business Email Compromise (BEC) complaints, with estimated losses totalling more than $2.7B. Data shows a 38% increase in cybercrime as a service targeting business email between 2019 and 2022.