As we have previously explored, litigation involving account takeovers (“ATOs”) and business email compromise (“BEC”) fraud have produced a ...
While Business Email Compromise scams can be tricky to detect, knowing how they work and taking steps to verify information can help prevent big losses. The government and law enforcement agencies ...
The Business Email Compromise market is expanding rapidly, driven by increasing cyberattacks and a growing demand for advanced security solutions.Pune, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Business Email ...
with business email compromise causing the most damage, according to the FBI’s Internet Crime Complaint Center (IC3). The consequences can be severe, leading to significant financial, data, and ...
The FBI has been tracking business email compromise, and email account compromise, since 2013. Over the past decade, over $50 billion has been reported as lost to BEC scammers. In 2023 alone, BEC ...
Teresa’s quick action, combined with her banker's vigilance, prevented a significant financial loss, but it serves as a wake-up call for many businesses. Business email compromise (BEC ...
Business email compromise (BEC) attacks totaled $2.9 billion (USD) in reported losses in 2023 alone and represent the second-costliest category of reported cyber-crimes for the 2023 year.
a groundbreaking solution to combat the escalating Business Email Compromise (BEC) crisis that costs businesses $5 billion annually. Forget complex security protocols - Sealfie turns a simple ...
LAS VEGAS, Dec. 27, 2024 /PRNewswire/ -- In its first-ever CES appearance, European deeptech pioneer Inkan.link unveils Sealfie, a groundbreaking solution to combat the escalating Business Email ...