Business email compromise (BEC) is a complex cybercrime. Hackers exploit compromise email accounts to appear legitimate and try to convince email recipients to share credit card details, trade secrets, sensitive data or information, or send money. BEC scams are a growing concern for global businesses, creating challenges such as data theft, potential financial losses, and damage brand image.
What is Business Email Compromise (BEC)?
Business Email Compromise (BEC), an you are in line with microsoft attack method carry out via email, usually targets companies with overseas suppliers. The attack is carry out by hijacking the email accounts of senior managers or employees through social engineering attacks or by sending emails on their behalf using similar email accounts.
Business Email Compromise (BEC) Attack Techniques
BEC can be accomplish using a harmful impurities in drinking water variety of techniques. These include sending emails using a fake email address, accessing a supplier account, and fraudulently transferring money. Attackers typically try to trick a company employee using some form of social engineering. This technique makes emails appear more authentic when they are sent on behalf of someone with a position within the company.
For BEC attacks to be business sale lead successful, a combination of factors is often require, including a lack of knowledge of email security by managers and employees, lack of internal communication, inadequate security measures, attackers gaining access to bank accounts, and the use of forge documents.
BEC attacks can seriously affect the reputation and financial situation of companies. As a result of fraud, companies can experience major financial losses and even lose their jobs. Therefore, it is very important for companies, their employees and managers to be careful about email security and take adequate precautions.