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E.g., 2022-11-27
E.g., 2022-11-27
January 18, 2022
Business email compromise (BEC) fraud continues to plague commercial trade payments despite the best efforts of banks and software service providers to stem the flood of spoofed emails and risky looking transactions. The FBI reported that in 2021, BEC-related losses added up to over US$1.8 billion. This type of fraud generally targets the staff of a commercial enterprise and persuades them to...
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