Protecting Your Organization From Business E-Mail Compromise

The content from this post is from the RCMP Business E-Mail Compromise Bulletin, please download a copy of their bulletin for sources and more information below.

WHAT IS BUSINESS E-MAIL COMPROMISE?

BEC, also known as CEO fraud, wire fraud, or business executive scam, is a sophisticated scheme that tricks a business into paying a sum of money to a fraudster. The BEC scheme is executed  through the use of social engineering or computer intrusion techniques.

According to recent cybercrime statistics, BEC has stolen more than $5 billion dollars from unsuspecting victims worldwide, including Canadian businessesi. BEC is the second highest for monetary loss out of over 40 fraud types reported to the Canadian Anti-Fraud Centre (CAFC). It’s real, it’s growing, but with increased awareness, it can be prevented.


 

LEARN MORE ABOUT PROTECTING YOUR IDENTITY AT HOME OR AT WORK.

 

Contact the Beauceron Security Team.

 info@beauceronsecurity.com // 1-877-516-9245