Posted inTop News
Almost $2 billion lost to BEC scams in 2020
Nearly half of reported cybercrime losses in 2020 were the result of BEC fraud, according to an FBI report Losses emanating from Business Email Compromise (BEC) and Email Account Compromise (EAC) scams surpassed US$1.86 billion last year, which is more than the combined losses stemming from the next six costliest types of cybercrime in the 2020…