Post-Breach Response To Business Email Scams Is Critical

Law360 (November 18, 2020, 3:58 PM EST) -- As local economies reopen and companies in many parts of the U.S. return to work in their physical offices and attempt to return to business as usual, businesses must recognize the ongoing threats posed by cybercriminals to their network security and use of email and other technology to conduct business.

Many of these fraudsters target executives and employees who perform routine funds transfers as part of their everyday work. These scams, termed business email compromise, or BEC, fraud by the Federal Bureau of Investigation, have reportedly reached historical prevalence during the coronavirus pandemic.

But they began many years ago, and, due...

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