Business Email Compromise (BEC)

A type of fraud where attackers impersonate business executives to manipulate employees or clients.

Understanding BEC Attacks

BEC scams rely on social engineering and deception rather than traditional malware. Attackers conduct thorough research before launching targeted attacks.

Common BEC Attack Techniques

CEO Fraud

Attackers pose as company executives to request wire transfers.
Uses spoofed email addresses or hacked accounts.

Invoice Scams

Fake invoices are sent to finance departments for payment processing.
Exploits trusted vendor relationships.

Account Takeover

Criminals gain access to email accounts and monitor communications.
Can be used to redirect payments or steal data.

Best Practices for BEC Prevention

Implement email authentication protocols like DMARC, DKIM, and SPF.
Train employees to verify financial requests through secondary channels.
Use AI-powered email security solutions to detect anomalies.