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FBI: Major business e-mail scam blasts 270% increase since 2015

Discussion in 'Network World' started by RSS, Aug 31, 2015.

  1. RSS

    RSS New Member Member


    The FBI this week said an e-mail scam that tricks businesses into paying invoices from what looks like established partners is growing exponentially.

    The FBI last year even gave the scam its own name -- business e-mail compromise (BEC) – which is a variant of the timeworn “man-in-the-middle” scam and usually involves chief technology officers, chief financial officers, or comptrollers, receiving an e-mail via their business accounts purportedly from a vendor requesting a wire transfer to a designated bank account, the FBI said.

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