Business Email Compromise: Billions in Damage
Business email compromise has been on the rise for years. Criminals compromise companies' email accounts in order to get their money. The FBI has been recording cases of this type of fraud since 2013. In these ten years, it has caused damage worldwide in the order of around 50,15 billion euros. In business email compromise, also known as email account compromise (EAC), attackers use social engineering and hacking techniques to compromise and take over their victims' email accounts without them noticing. They then try to disguise themselves as...
