Beyond BEC: How Modern Phishing Has Evolved Past Email

Originally published by Lookout. Written by Hank Schless, Lookout. Business email compromise (BEC) is big business for malicious actors. According to the 2021 FBI Internet Crime Report, BEC was responsible for nearly $2.4 billion in cyber crime losses in 2021. At its root, it’s a type of phishing attack. And with the rise of smartphones and tablets, attackers are expanding well beyond email. They now leverage other platforms such as SMS messages, messaging apps like Signal and WhatsApp,...

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