The frequency of business email compromise (BEC) attacks is exploding as large financial returns continue to motivate cybercriminals to find new ways of exploiting human weaknesses. BEC volumes were up 80 percent quarter-on-quarter, according to the latest Mimecast Email Security Risk Assessment(ESRA), which analysed more than 142 million emails that had been cleared by potential customers’ incumbent email systems.

https://www.cso.com.au/article/646331/business-email-compromise-fraud-growing-faster-than-your-profits/