Introduction
Business Email Compromise (BEC) attacks continue to cause millions of pounds in losses every year.
Unlike ransomware, BEC attacks often rely on deception rather than technical sophistication.
How It Works
An attacker compromises an account or impersonates a trusted contact.
They then request:
Bank detail changes
Invoice payments
Gift card purchases
Sensitive information
Warning Signs
Look for:
Urgency
Secrecy
Unusual payment requests
Changes to payment details
Prevention
Businesses should implement:
MFA
User awareness training
Payment verification processes
Email protection technologies
Conclusion
A simple verification procedure can prevent significant financial loss.