- Posts by Nathan W. Hill
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Business email compromise fraud, known to law enforcement as “BEC” fraud, is a relatively new scam that is increasingly costly to American business—and it’s getting worse. It usually begins with a fake email from a boss or client and ends with an employee being duped into wiring thousands of dollars to a scammer. Increased email usage by the millions of Americans working from home for the first time, on non-protected personal computers, only amplifies this threat.
In 2019 alone, the Federal Bureau of Investigation received almost 24,000 complaints reporting close to $1.8 ...
