
Thereās a reason why the FBI estimates that the average loss caused by Business Email Compromise (BEC) to beĀ $130,000 per company. Employees are not familiar with current social engineering strategies, and the network setup is not equipped enough to keep the threat from getting in the network. And this same situation is clearly depicted in an ongoing BEC campaign targeting companies in the US, Middle East, and Asia.
The attack, which has been traced back to Lagos and Kuala Lumpur, targets companies from several industries such as real estate, manufacturing, and construction.
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