According to ZDNet: Scam-as-a-Service operation made more than $6.5 million in 2020

“Classiscam” operation is made up of around 40 groups operating in the US and across several European countries.

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Inside a $5 Million Cyber Heist – Why Business Email Compromise Is More Dangerous Than Ever

It starts with a single email. No malware, no suspicious links – just a seemingly legitimate request to update payment details. Within moments, millions vanish, often unrecoverable.

BEC scams have evolved, leveraging AI-powered fraud, deepfakes, and rapid financial transactions to bypass traditional security. With remote work and weak MFA policies exposing more vulnerabilities, businesses are at greater risk than ever.

🔐 How to Stay Protected:
✅ Verify all financial requests via a second communication channel.
✅ Deploy AI-driven threat detection to flag suspicious email activity.
✅ Enforce Multi-Factor Authentication (MFA) to prevent account takeovers.
✅ Train employees to recognize BEC tactics before it’s too late.

💰 The cost of inaction? Billions lost annually. Don’t be the next victim.

📢 Learn how AI-powered cybersecurity from AUMINT.io can help safeguard your business. Book a consultation today!

#CyberSecurity #BECScams #AIinCybersecurity #BusinessRisk #EmailSecurity #FraudPrevention #DataProtection #AUMINT

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