1.77 Billion – That is how much Businesses lost last year to Business Email Compromises
One of the most significant cybersecurity dangers to Businesses is known as Business Email Compromise attacks. These types of attacks are carried out by cybercriminals and are evolving and becoming more sophisticated in their application. They often involve spoofing and non-delivery/non-payment scams but now have moved into confidence fraud and extortion scams. One of the only ways to protect your business from these scams is employee training.