Security News > 2018 > June > Losses due to BEC scams are escalating

Despite falling down on the list of most often reported Internet-facilitated crimes, Business Email Compromise/Email Account Compromise is still the type of crime that results in the biggest losses. In fact, according to the numbers released by the FBI’s Internet Crime Complaint Center (IC3), the victims of those crimes lost over $676 million in 2017. Compared to the 2016 numbers (over $360 million), that’s an increase of nearly 88%. “Business Email Compromise (BEC) is a … More → The post Losses due to BEC scams are escalating appeared first on Help Net Security.

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/u4yKAujMl3U/