![]() You can also consult with your IT department or Managed Service Provider before taking further action.Ģ. If the URL seems genuine but you’re not sure, don’t click on the link and try to go to the site directly. Sometimes it’s easy to tell if the email or URL are fake – it may contain unrelated words or even gobbledygook. If there’s a link in a questionable email, make sure the URL is genuine and associated with the business. In the article, the FBI mentions cryptocurrency first started to be identified with BEC schemes in 2018 – this involvement continued to rise through 2019, eventually reaching record highs for reported numbers in 2020.Īt the end of the public service announcement, there are multiple suggestions for protecting against these business email compromise scams, all of which are applicable to just about any type of financially motivated cybersecurity scam.īelow are some key takeaways from that list.īusiness Email Compromise (BEC): 5 ways to protect yourself against this menace What is cryptocurrency? According to the FBI’s public service announcement: Cryptocurrency is a form of virtual asset that uses cryptography (the use of coded messages to secure communications) to secure financial transactions and is popular among illicit actors due to the high degree of anonymity associated with it and the speed at which transactions occur. The FBI released a public service announcement on their Internet Crime Complaint Center website regarding their observance of increased complaints involving business email compromise schemes and cryptocurrency. Increased use of cryptocurrency in Business Email Compromise schemes It can take a keen eye, patience, and a healthy dose of skepticism to stop BEC dead in its tracks. Thus, if you’re in a hurry, multi-tasking, or otherwise preoccupied, you may be susceptible to a BEC scheme if it hits your inbox. The images, names, and even email addresses may look genuine. These BEC emails can have language that jives with your industry and work function. ![]() The BEC emails can look like they’re coming from a trusted business partner, a co-worker, or even the CEO of your company! The criminals have done their homework, and they know the ins and outs of your industry and even your particular business. In order for many types of fraud to work, a type of deception known as social engineering is employed. Social engineering is one of the keys to the success of these BEC schemes. And there are no signs of it slowing down. ![]() It’s happening to businesses, large and small. This grooming process can continue over a couple of days or even weeks. The scammer eventually attempts to fool the victim into transferring funds into the wrong hands. The scammer grooms the victim via email, sophisticated social engineering, and pressure. ![]() A lot.īusiness email compromise (or BEC) occurs when a scammer targets a business or individual In order to fraudulently transfer funds. If this data is unavailable or inaccurate and you own or represent this business, click here for more information on how you may be able to correct it.Business email compromise schemes sound like something you’d never fall for. VIEW ADDITIONAL DATA Select from over 115 networks below to view available data about this business. Our delivery model allows us concentrates our resources on how to best supply candidates in a very competitive MSP/VMS program environment. The result of their input is that we have structured inSync Staffing as a recruiting and customer service organization, unlike traditional staffing companies who sell directly to the end client. We asked program managers how they want to be serviced. Rather than swim upstream against the changes, inSync Staffing has embraced MSP and VMS programs as our customers, not competitors. InSync Staffing’s management team recognized ten years ago the inevitable changes to the staffing industry being brought about by technology and the growing trend of Fortune 1000 corporations to outsource management of their contingent workforces to meet compliance and cost control goals. We recognize the VMS program management team is our customer and needs to be serviced with integrity, so we built and continue to improve upon our delivery methods as we strive to provide the highest quality service possible.
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