With our lives so intertwined with digital communication these days, the threat of email fraud is something we all need to take seriously. Recently, Teresa W. shared a scary experience that underscores the dangers of business email compromise (BEC).
"I almost lost many thousands of dollars through an internet fraud scam. I got a call from our personal banker who said she saw nearly all the money in our business account being withdrawn. She said she got an email from me along with the money wiring directions. I told her I didn't send that and she said my email came from me directly to her. I said to stop everything and I will get to the bottom of it.
"Apparently the thieves got hold of a wiring instruction paper from my email, which they hacked into. They created a rule in Outlook to bypass me if anything came from them and go straight to the banker. They changed the wiring instructions to go into their account but thank goodness our banker alerted me so I could...