Amount of Money Requested In BEC Attacks Nearly Doubled in Q4 2024
The average amount of money requested in business email compromise (BEC) attacks spiked to $128,980 in the fourth quarter of 2024, according to the Anti-Phishing Working Group’s (APWG’s) latest report. This is nearly double the amount requested during Q3 2024. The researchers found that Gmail accounts were used to launch 81 percent of BEC scams last quarter. The report also warns of a surge in SMS phishing scams impersonating toll operators in the US, driven by a popular Chinese phishing kit.