Data Privacy + Cybersecurity Insider - April 2020 #2

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FBI Issues Warning of Increased BEC During COVID-19 Pandemic -

On April 6, 2020, the Federal Bureau of Investigation (FBI) issued a warning to companies to be aware of an increase in business email compromises (BEC) entitled “FBI Anticipates Rise in Business Email Compromise Schemes Related to the Covid-19 Pandemic.” Although BECs have been around for years, attackers are using the fact that many employees are working from home during the pandemic to their advantage. The typical BEC involves the attacker impersonating the CEO or other top executives to request an urgent transfer of money or to obtain personal information of employees.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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