Shielding Your Business from BEC: A Guide

ARTICLE | February 07, 2025

Authored by Vasquez + Company

Business email compromise (BEC) is rapidly emerging as one of the most dangerous forms of online fraud. Fraudsters have refined their methods over time, targeting unsuspecting employees and exploiting seemingly innocent vulnerabilities within company systems. According to the FBI’s Internet Crime Complaint Center, BEC attacks have inflicted profound losses on organizations—nearly $56 billion between October 2013 and December 2023, spanning more than 300,000 reported cases. These startling numbers highlight the scale of the threat and illustrate why every business, regardless of size or industry, should take BEC seriously.

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At the end of the day, the best protection is a combination of informed people and a secure technological environment. It’s important to invest in both. Whether you’re a small startup or a large corporation, taking the time to properly educate your team members, update your systems, and reinforce your internal procedures could mean the difference between averting fraud and suffering costly losses. By staying vigilant and proactive, you can shield your organization from the growing threat of BEC and protect what matters most—its assets and its reputation.

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