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Dark Reading: Social Engineering Drives BEC Losses to $50B Globally

Jun 13, 2023

Business email compromise (BEC) continues to evolve on the back of sophisticated targeting and social engineering, costing business worldwide more than $50 billion in the last 10 years — a figure that reflected a growth in business losses to BEC of 17% year-over-year in 2022, according to the FBI.

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