cybercrime | WRAL TechWire

cybercrime

Ever heard of ‘Business Email Compromise?’ You have now – and be very wary

Business Email Compromise, or BEC for short, scams are a type of crime where criminals hack into email accounts, pretend to be someone they’re not and fool victims into sending money where it doesn’t belong. These crimes get far less attention than the massive ransomware attacks that have triggered a powerful government response, but BEC scams have been by far the costliest type of cybercrime in the U.S. for years, according to the FBI. Here’s a look.

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