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Business email compromise (BEC) is a form of cybercrime that targets companies engaged in wire transfer payments and other financial transactions. The FBI reports that BEC scams have caused ...
These cyberschemes—known as business email compromise, or BEC—are sinister because they involve lying and deceit, and they come from real humans looking to cash in on workers' negligence to ...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
A compromised (hacked) account means someone else accessed your account by obtaining your password. Spoofed email occurs when the "From" field of a message is altered to show your address, which doesn't necessarily mean someone else accessed your account. You can identify whether your account is hacked or spoofed with the help of your Sent folder.
Business email compromise is a class of email fraud where employees with privileged access (such as to company finances) are deceived into making invalid payments or installing ransomware Advance-fee scam : Among the variations on this type of scam, are the Nigerian Letter also called the 419 fraud, Nigerian scam, Nigerian bank scam, or ...
The best way to protect yourself against email phishing scams is to avoid falling victim to them in the first place. "Simply never take sensitive action based on emails sent to you," Steinberg says.