By Edward J. McAndrew and Jeff DeGroot
Over the past three years, the “business email compromise” has become one of the most common, vexing, and financially injurious forms of cybercrime. On any given day, companies around the world and across industry sectors are finding themselves the victim, the pawn or both in cybercrime schemes that have resulted in billions of dollars in losses. Beyond significant financial loss, being targeted in these schemes carries increasing regulatory and reputational risk, as well as civil liability. Read more.