Cyber Threats

What is BEC (Business E-mail Compromise) Attack and Prevention Methods

A BEC (Business Email Compromise) attack is a cash-oriented type of cyber fraud that targets companies that work with foreign suppliers and make bank transfers. The attacker somehow obtains the email address of a company executive or an employee responsible for financial transactions, whether corporate or public. They then hunt for words such as request, payment, transfer and urgent in email messages. In the final phase, they try to deceive individuals by impersonating them and inserting themselves into conversations in order to transfer the money to their own account.