BEC

Trend Micro Incorporated, source for security software and solutions, recently published its security roundup report H1, 2016, “The Reign of Ransomware”. The report highlighted that over 180 Indian Companies were affected with Business Email Compromise (BEC) Schemes. The report provides extensive data surrounding the rise and impact of attacks, including $3 billion in losses due to business email compromise (BEC) scams so far in 2016, as well as nearly 500 vulnerabilities in a variety of products.