This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
03/30/2023
Business Email Compromise Threats Soar Past Phishing Risks
Security Boulevard
The risk of business email compromise (BEC) is increasing annually and is estimated to be twice as severe as the overall threat of phishing, according to an Osterman Research/IronScales survey of 249 U.S.-based IT and security professionals.
In the past 12 months, more than 93% of organizations encountered one or multiple forms of BEC attacks, while 62% were targeted by three or more variants during that time period.
The survey revealed that among the most prevalent forms of BEC attacks are fraudulent invoicing, data theft and account takeover (ATO).
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information