What Does Business Email Compromise (BEC) Mean?

Business email compromise (BEC) is a type of cyberattack that targets corporate employees who are responsible for handling procurement and/or wire transfers within a specific business division. The goal of this social engineering scam is to trick the victim into sending money or other high-value business assets to the attacker.

Techopedia Explains Business Email Compromise (BEC)

BEC attacks are often initiated through spear phishing emails that target employees with specific job roles.