Business E-Mail Compromise Scams

Business e-mail compromise is a growing financial fraud is more sophisticated than any similar scam the FBI has seen before and one—in its various forms—that has resulted in actual and attempted losses of more than a billion dollars to businesses worldwide.

Business E-Mail Compromise Graphic

The scammers, believed to be members of organized crime groups from Africa, Eastern Europe, and the Middle East, primarily target businesses that work with foreign suppliers or regularly perform wire transfer payments. The scam succeeds by compromising legitimate business e-mail accounts through social engineering or computer intrusion techniques. Businesses of all sizes are targeted.

For more information—including how to keep your company from being victimized—visit the Business E-Mail Compromise Scams Community of Interest in the DSAC portal and the website story of August 28, 2015.