Introducing DAIC: A Suggested System for Preventing BEC Fraud
BEC Fraud (Business E-mail Compromise) has reached epidemic levels in recent years. In 2019, the FBI’s Internet Crime Compliant Center, reported that it received complaints with adjusted losses of over $1.7 billion from this type of scam. The reported cases to the IC3 is just a drop in the bucket compared to the overall amount of incidents online. […]