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ERAI Blog

Business E-mail Compromise-The 3.1 Billion Dollar Scam

06/14/2016

This Public Service Announcement (PSA) is an update to the Business E-mail Compromise (BEC) information provided in Public Service Announcements (PSA) 1-012215-PSA and 1-082715a-PSA. This PSA includes new Internet Crime Complaint Center (IC3) complaint information and updated statistical data.

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Business Email Compromise (BEC) on the Rise - ERAI Members' emails infiltrated resulting in losses

Anne-Liese Heinichen
02/20/2015

ERAI has recently reported multiple cases of suppliers' emails being hijacked or infiltrated resulting in multiple Buyers losing over $35,000.00 in just over one week alone.

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