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Business Email Compromise (BEC) represents one of the most financially devastating cyber threats facing organizations today. According to the FBI's Internet Crime Complaint Center, BEC attacks have resulted in over $43 billion in losses globally, making it the costliest form of cybercrime.
What is Business Email Compromise?
BEC is a sophisticated scam where cybercriminals use social engineering and computer intrusion techniques to compromise legitimate business email accounts. Attackers typically impersonate executives, vendors, or trusted partners to trick employees into transferring funds or sensitive information.
Voice phishing, or "vishing," has emerged as a particularly effective social engineering technique where attackers use phone calls to manipulate victims into revealing sensitive information or performing actions that compromise security. One of the most common and dangerous forms involves criminals impersonating IT support personnel.
The Anatomy of a Fake IT Support Vishing Attack
These attacks typically follow a predictable pattern:
New ransomware variant targeting healthcare organizations detected. Ensure your systems are updated and staff are aware of suspicious email attachments.
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