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Recently, the FBI released its findings that money lost from Business Email Compromise (BEC) attacks were estimated to be as high as $26 billion over the past three years – surpassing ransomware and data breaches in terms of cost.
However, there is an emerging attack method that is essentially a refined version of BEC, known as Vendor Email Compromise (VEC). In this blog post, learn more about VEC and discover how it differs from a standard BEC attack.