Wire fraud is one of the fastest growing cybercrimes in the United States.
An emerging financial cyber threat called business e-mail compromise (BEC) is a multifaceted global fraud scheme that targets businesses and their clients. Highly sophisticated techniques include spear-phishing, social engineering, e-mail spoofing, identity theft, and the use of malware. Cybercriminals forge the identity of a company or an employee or person you know. The cybercriminal will send you an email with new wire instructions to the criminal’s bank account. [Read more…] about Read Our 10 Tips To Protect Yourself From Cybercriminals.