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Business Email Compromise

Hacker at desktop using laptop with emails in background showing Business Email Compromise BEC attacks
Cyber SecurityNews

FBI: Business Email Compromise Resulted in Losses of $43 Billion Since 2016; BEC Attacks Increased by 65% Between 2019 and 2021

May 16, 2022
The 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.
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