FBI Warns about COVID-19 BEC and Money Mules Schemes
The FBI has published two advisories warning about two types of cyber crime seeking to leverage the ongoing COVID-19 pandemic: business email compromise (BEC) and money mule schemes. Business email compromise (BEC) is a scam that targets anyone who performs legitimate funds transfers. The FBI observes that recently there has been an increase in BEC frauds targeting municipalities purchasing personal protective equipment or other supplies needed in the fight against COVID-19.