Page 2 - Kevin Gres News Today

Losses in the U.S. to BEC scams in 2021 were nearly $2.4 billion, according to a report by the FBI. That’s a 33% increase from 2020 and more than a tenfold increase from just seven years ago.

Business Email Compromise, or BEC, scams are by far the costliest type of cybercrime in the U.S., according to the FBI.

Losses in the U.S. to Business Email Compromise scams in 2021 were nearly $2.4 billion

Losses in the U.S. to Business Email Compromise scams in 2021 were nearly $2.4 billion

Losses in the U.S. to Business Email Compromise scams in 2021 were nearly $2.4 billion

Losses in the U.S. to Business Email Compromise scams in 2021 were nearly $2.4 billion

Business Email Compromise scams are a type of crime where criminals hack into email accounts, pretend to be someone they’re not and fool victims into sending money.

RICHMOND, Va. (AP) — A shopping spree in Beverly Hills, a luxury vacation in Mexico, a bank account that jumped from $299.77 to $1.4 million overnight. From the outside, it looked like Moe and Kateryna Abourched had won the lottery.

Losses in the U.S. to Business Email Compromise scams in 2021 were nearly $2.4 billion

Losses in the U.S. to Business Email Compromise scams in 2021 were nearly $2.4 billion