FBI: Business- and Email Account Compromise Attack Losses Hit $5 Billion

From Dark Reading:

FBI: Business- and Email Account Compromise Attack Losses Hit $5 Billion

"The FBI's IC3 division reports a 2,370% spike in exposed losses resulting from BEC and EAC between January 2015 and December 2016.

The FBI's Internet Crime Complaint Center (IC3) reports business email compromise (BEC) and email account compromise (EAC) attacks caused $5.3 billion in exposed loss for global and domestic companies between October 2013 and December 2016. Victims, which come from 50 states and 131 countries, reported a total of 40,203 incidents in the same time period."