Thieves no longer enter businesses through an unlocked door. Now, they go straight to your inbox. According to the FBI, business email compromise (BEC) is one of the most financially damaging online crimes.
Here’s how it can happen: A business receives an email appearing to be from a supplier they’ve worked with for years. The email goes to employees with transactional authority — accounts payable, check signers, authorized individuals — asking that funds be wired to settle an outstanding…
