Since the outbreak of COVID-19, there has been a universal trend of an increase in cyber-attacks as more people take their presence online for work and to connect with loved ones. As businesses transition to remote work and operations, cyber security and best practices are easily overlooked; creating the perfect opportunity for scammers to strike.

Business Email Compromise (BEC) appears to be back in the saddle again, as attackers use simple social engineering and domain impersonation to trick victims into paying up. BEC is a sophisticated scam targeting businesses working with foreign suppliers and/or businesses that regularly perform wire transfer payments.