Security Awareness – The Anatomy of BEC Attacks
A new report from the cybersecurity firm Cofense examines the tactics and trends of one of the costliest cyber threats for companies both large and small – Business Email Compromise (BEC) scams. Unlike other email-based phishing attacks which utilize malware and stolen credentials, BEC scams involve social engineering tactics, via email communications, to trick an employee of a company to transfer unauthorized funds to the threat actor.