Fake Executive Emails, Real Financial Losses
By Area 1 Security
Added
From the report, “BEC is a specific type of phishing email that operates without links and without attachments (two of the standard markers that perimeter defenses look for). However, instead of taking over a computer or stealing data, BEC hackers impersonate an executive (a known CEO, CFO or other CxO), and persuade the recipient (an employee) to perform some action – like wiring money or attaching information to an email. " Read on to learn more.