Business Email Compromise (BEC), also known as email account compromise (EAC), happens when someone illegally accesses an organization’s security through email and uses the access to commit fraud. All firms that use email are at risk, but those that conduct business using wire transfers and with overseas suppliers are at a higher risk.
This discussion provides insights on:
- What is BEC?
- How perpetrators use BEC to steal company funds
- Tips to recognize suspicious emails before you click
- How to prevent BEC scams from occurring in your business