Business email compromise (BEC) is one of the most damaging and costly cyber
attacks against small businesses. According to the FBI’s 2023 Internet Crime
Report 2023
[https://www.infosecurity-magazine.com/news/fbi-us-ransomware-losses-surge/],
BEC attacks cost U.S. businesses $2.9 billion in 2023, making it the second most
costly cybercrime after investment fraud ($4.57bn).
attacks against small businesses. According to the FBI’s 2023 Internet Crime
Report 2023
[https://www.infosecurity-magazine.com/news/fbi-us-ransomware-losses-surge/],
BEC attacks cost U.S. businesses $2.9 billion in 2023, making it the second most
costly cybercrime after investment fraud ($4.57bn).
BEC attacks nearly doubled in the past year, according to the latest “Data
Breach Investigations Report
[https://www.veriz
