Business email compromise (BEC)
Also known as email account compromise (EAC)
This is among the most financially damaging online crimes.
A BEC scam fools the victim by copying/cloning an email of a company or person you are doing business with, making the email appear to come from a known source.
An example: An email that appears to look like a familiar supplier from an account department instructing you of banking transfer changes. The funds are then transferred to the new account of the scammer.
Companies can lose millions of dollars through this scam and this can put financial stress on the company during current hard times.
If you or your connections have been the victim of this type of scam or other type of scam, email us as soon as possible at: