Cyber SecurityNewsFBI: Business Email Compromise Resulted in Losses of $43 Billion Since 2016; BEC Attacks Increased by 65% Between 2019 and 2021May 16, 2022The FBI calculated the cost of BEC attacks to be $43 billion, with a 65% increase between 2019 and 2021. Banks in Thailand, Hong Kong, China, and Singapore were the primary recipients of illicit funds.Read More