Business Email Compromise (aka CEO fraud) is a rapidly expanding cybercrime in which reported cases jumped 1300% from 2015 to 2016. This financial fraud scheme can target any market segment or organization regardless of size. Thousands of organizations from more than 100 countries have reported losses. The reasons for this surge is simple — it makes money.
by Keith Turpin
Full Abstract: https://www.blackhat.com/asia-17/briefings/schedule/index.html#phishing-for-funds-understanding-business-email-compromise-5255