In the world of cybersecurity, there are some pretty creative and interesting terms such as, phishing, juice-jacking, rainbow tables, credential stuffing, and botnet. However, there is one type of phishing attack that was given a name without anyone from a marketing team in the room. That is the Business Email Compromise (BEC) . I almost fell asleep while typing that last sentence!
While the name is not very sexy, the attack is simple to execute and can be very costly to the victim. In fact, according to a 2018 FBI report, BEC attacks have earned scammers over 12 billion dollars. BEC is a type of phishing attack with the goal of tricking the victim into sending money…