Most BEC Scams Perpetrated with Plain Text Emails, According to Study of 3,000 Incidents
To better understand the goals and methodology of business email compromise (BEC) scams, cybersecurity company Barracuda compiled statistics from 3,000 incidents it observed. Among other findings, Barracuda observed that about 60 percent of BEC attacks do not involve a link: the attack is simply a plain text email intended to fool the recipient to commit a wire transfer or send sensitive information. Because they don't contain any suspicious links, these messages often go undetected by email security systems.