Business E-Mail Compromise and Fraud Statistics From FBI’s Internet Crime Complaint Center (IC3)

Business E-Mail Compromise and Fraud Statistics From FBI’s Internet Crime Complaint Center (IC3) BUSINESS E-MAIL COMPROMISE: THE 3.1 BILLION...

Business E-Mail Compromise and Fraud Statistics From FBI’s Internet Crime Complaint Center (IC3)BUSINESS E-MAIL COMPROMISE: THE 3.1 BILLION DOLLAR SCAM 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. DEFINITION BEC is defined as a sophisticated scam targeting businesses working with foreign suppliers and/or businesses that regularly perform wire transfer payments.