Security News > 2016 > June > BEC scams: What you need to know (Help Net Security)

Ransomware attacks hitting businesses and institutions might be the latest trend, but they are just one of the threats these organizations have to protect themselves against. Another prominent one is the Business Email Compromise (BEC) scam. BEC scammers can target anybody, but have shown a particular predilection for businesses working with foreign partners, as they regularly perform wire transfer payments, often of very large sums. They overwhelmingly target businesses based in the USA, the UK, … More →

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