Top insights on business email compromise: What to know

Business Email Compromise (BEC) scams are a growing threat, with the FBI reporting over $43 billion in exposed losses in 2022, up from $26 billion in 2019. These scams target organizations across all 50 U.S. states and 170 countries, with hackers using sophisticated tactics like AI-powered voice impersonation to bypass security controls.

This Oversight Spend Insights Report examines the challenges corporations face in combating BEC fraud, including the limitations of basic verification procedures. It highlights how AI-powered solutions can provide a two-firewall approach to detect and prevent payment information changes and suspicious invoice activity.

Access the report to learn how AI can protect your organization.

Vendor:: Oversight Systems
Posted:: Sep 18, 2024
Published:: Sep 19, 2024
Format:: PDF
Type:: White Paper

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