Keep company away from BEC schemes
The Business Email Compromise as a sophisticated email scam that targets large, medium and small size businesses who work with foreign company and familiar with wire transfer.
Formerly known as the Man-in-the-Email scam, BEC typically starts when CEO’s email accounts are compromised and spoofed, with the fraudster sending emails to a financial employee instructing them to wire large sums of money to foreign accounts.
Every organization is receiving BEC scam emails every single day. How to protect against the BEC scams?
- Educate employees is the most effective way of protecting companies against BEC scams
- Always question any emails requesting actions that seem unusual or aren’t following normal procedures
- Users shouldn’t reply to any emails that seem suspicious.
- Use multi-level authentication for initiating bank transfers
A good personal security behavior can prevent the losses from BEC attack, training and education employee are also very important to against cyber-attack.
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