281 arrests in BEC crackdown as FBI reveals $26bn lost to scammers

Law enforcement officials have arrested 281 individuals for allegedly engaging in business email compromise scams in a significant operation spanning across ten countries. Business email compromise, or BEC, involves scammers tricking employees into transferring large sums of money via wire payment. These attacks usually target employees with access to company funds who have been identified … Continue reading 281 arrests in BEC crackdown as FBI reveals $26bn lost to scammers