Business Email Compromise (BEC)
Slow down - think before you act on unusual VIP emails or texts
Business Email Compromise (BEC) is a type of phishing attack where cybercriminals:
Impersonate VIPs and trusted contacts – executives, deans, professors, financial officers, vendors;
Create urgency – seek immediate help with wire transfers, gift cards, payments, credentials, sensitive reports or personal information;
Use deception – fake email addresses, lookalike domains, social engineering tricks via email, text, voice call, or chat; and
Increasingly leverage Artificial Intelligence – to craft convincing impersonations and personalized messages that evade detection.
To beat these attacks, don’t rush. Confirm requests through management or a trusted channel before acting.