Read the original article: Fighting BEC and EAC: Why whack-a-mole won’t work
No organisation is immune: Nearly nine in ten experienced these attacks last year
Sponsored Business Email Compromise (BEC) and Email Account Compromise (EAC) are the most expensive cyber threats facing businesses around the globe. The FBI’s Internet Crime Complaint Center (IC3) reports that both scams have resulted in worldwide losses of $26 billion since 2016 – with $1.7 billion in the last year alone.…