Business Email Compromise (BEC) is one of the most (if not THE most) WaterISAC member reported cyber threat. Successful or unsuccessful, BEC – and its cousins, Vendor Email Compromise (VEC) and Email Account Compromise (EAC) – dominate the global cyber threat landscape. In 2020, the IC3 received 19,369 Business Email Compromise (BEC)/Email Account Compromise (EAC) complaints with adjusted losses over $1.8 billion. With constant barrages from these impersonation-based phishing attacks, BEC should be a staple topic in all security awareness programs. To that end, Proofpoint has created a BEC Taxonomy series to help all organizations better understand and address this ubiquitous threat. Members are encouraged to check out the series at Proofpoint – Part 1 - A Proofpoint Framework, Part 2 - Invoice Fraud, Part 3 - Payroll Redirects, Part 4 - Extortion – and stay tuned for more.