To illustrate the importance of proper cybersecurity and cyber
hygiene practices, I will provide a brief example of a common cyber
threat known as Business Email Compromise (BEC). Then, I will
present actionable steps that you can take today to enhance the
protection of your business.
Business Email Compromise
Business Email Compromise is a financially damaging online
crime. In this scam, cybercriminals intercept communications and
redirect payments to their own bank accounts. To illustrate,
let's consider a scenario where one of your customers owes you
$10,000 for a product you supplied last week.
Unfortunately, unbeknownst to you, your email was hacked a few
months ago when your password was obtained from the dark web. The
hacker has been monitoring your emails and has gained insights into
your communication patterns. Capitalizing on this information, the
hacker sends an email to your client, posing as you and providing a
new bank account number. Due
