BEC Fraud Information

Fraud Alert – Business E-mail Compromise Continues to Swindle and Defraud U.S. Businesses

19 June 2015

This product was created as part of a joint effort between the Federal Bureau of Investigation, the Financial Services Information Sharing and Analysis Center (FS-ISAC), and the United States Secret Service.

FS-ISAC members and federal law enforcement agencies continue to report an increase in wire
transfer fraud against U.S. businesses through a scam referred to as “Business E-mail
Compromise” (BEC).a BEC is a type of payment fraud that involves the compromise of
legitimate business e-mail accounts for the purpose of conducting an unauthorized wire transfer.

To download the PDF document on BEC, click here.