Losses emanating from Business Email Compromise (BEC) and Email Account Compromise (EAC) scams reached nearly US$1.3 billion in 2018, which was nearly double the amount (US$675 million) lost in the year before, according to the annual Internet Crime Report (ICR) by the United States’ Federal Bureau of Investigation (FBI). The figure is based on over 20,300 BEC/EAC … More Business Email Compromise fraud losses almost doubled last year