FBI: BEC Losses Totaled $1.7 Billion in 2019
Data Breach Today
FEBRUARY 13, 2020
Business Email Compromises Accounted for Nearly Half of Cybercrime Losses Last Year Cybercrime led to $3.5 billion in losses in the U.S. last year, with a sharp uptick in business email compromise scams - which accounted for nearly half those losses, according to a newly released FBI Internet Crime Report, which is based on complaints the FBI received.
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