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A Single FakeEmail Cost This Company $37 Million In 2024, the FBI's Internet Crime Complaint Center reported that business email compromise — attacks built on fakeemail messages that impersonate trusted senders — generated over $2.9 billion in adjusted losses. That made BEC the costliest cybercrime category for the fourth
In March 2021, the FBI's Internet Crime Complaint Center reported that business email compromise — often launched using a fake mailer or spoofing tool — cost American organizations over $1.8 billion in 2020 alone. That made it the most financially damaging cybercrime category in the entire IC3 report, dwarfing
In 2023, the FBI's Internet Crime Complaint Center reported that business email compromise — attacks built on fakeemail addresses and spoofed sender identities — accounted for over $2.9 billion in adjusted losses. That made it the single most financially devastating cybercrime category they tracked. Not ransomware. Not cryptojacking. Fake
