What is Business Email Compromise and how can you protect yourself from falling victim to this scam? Learn more on First Issues Tuesday 8pm! | First Issues
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What is Business Email Compromise and how can you protect yourself from falling victim to this scam? Learn more on First Issues Tuesday 8pm! | First Issues
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Business email compromise is one of the most financially damaging online crimes. It exploits the fact that so many of us rely on email to conduct business—both personal and professional. Make sure remain vigilant when receiving urgent requests for changes on payments, vendors, etc. Always follow-up with the person you normally deal with to make sure the request was valid. For more fraud and scam prevention tips please visit our website. www.1776bank.com/account-security/ | Independence Bank
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In 2023, Business Email Compromise (BEC) represented $6.7B in losses, and 67% of cyber-enabled scam losses were a result of BEC as revealed in our 2024 Global Financial Crime Report. Today, we share Lilah’s story as a victim of a business email compromise, a phishing scheme going after the $130,000 down payment for her family dream home. | Nasdaq
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