BEC Fraud Nears $3B Mark In 2023 In Latest IC3 Report

Calling cybersecurity “the ultimate team sport,” the FBI’s Internet Crime Complaint Center (IC3) emphasized its ongoing commitment to working with local law enforcement and private industry to combat evolving cyber threats in the U.S. in its recent 2023 Internet Crime Report. The report, released in March, highlighted investment fraud and business email compromise (BEC) fraud as the two most expensive fraud …