Tag: Business Email Compromise

  • Business Email Compromise: The $2.4 Billion Scam Hitting SMBs the Hardest

    Think phishing is your biggest email threat?Think again. While most small businesses worry about spam or malware, the real danger is Business Email Compromise (BEC) — a sophisticated scam that cost U.S. businesses over $2.4 billion in 2021 alone, according to the FBI’s Internet Crime Complaint Center (IC3). And here’s the part most small business…

  • The BEC Boom: Why Business Email Compromise Is California’s Silent Cyber Threat

    Business Email Compromise (BEC) isn’t new, but it’s rapidly becoming one of the most financially devastating threats facing California companies. Unlike traditional phishing, these attacks are highly targeted, use social engineering, and increasingly leverage AI to mimic trusted contacts and bypass security filters. In 2023 alone, BEC scams caused $6.7 billion in global losses. And…