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FBI and AFP Reports Warn Business Email Compromise Remains a Threat
Fraud focus: FBI report on BEC and AFP report on paper checks. …
FBI’s IC3 Finds Almost $8.5 Billion Lost to Business Email Compromise in Last Three Years
It’s a figure even the FBI called “staggering”: The losses reported to its Internet Crime Complaint Center (IC3) in 2024 totaled $16.6 billion, the bulk of which came from fraud. And among those frauds, business email compromise (BEC) remained a pervasive …
FBI’s IC3 Finds Almost $8.5 Billion Lost to Business Email Compromise in Last Three Years
FBI and AFP Reports Warn Business Email Compromise Remains a Threat
Two recent reports spotlight the fact that fraudsters remain hard at work, and that vigilance remains an absolute must. First, the FBI’s 2022 Internet Crime Report , released this year, shows business email compromise (BEC) “has evolved from simple …