Criminals running business email compromise schemes often conduct well-researched and coordinated attacks on target companies. Criminals running business email compromise schemes often conduct well-researched and coordinated attacks on target companies. (Photo: momius/Adobe Stock)

According to the FBI's Internet Crime Report, business email compromise (BEC) is one of the most financially damaging online crimes. In 2022, there were nearly 22,000 related complaints, and businesses lost more than $2.7 billion to these scams. BEC is a scam that targets businesses rather than individuals — although there are similar types of consumer-focused scams called email account compromises.

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