Global CEO fraud volume 2017-2018

Number of attempts by business email compromise (BEC) scams worldwide from 2017 to 2018

Global CEO fraud volume 2017-2018 This statistic presents the number of attempts by business email compromise (BEC) scams in 2018. According to the findings, in 2017 there was a total of 9,708 attempts at implementing a BEC scam, while that number increased to 12,472 at the end of 2018.
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Number of attempts by business email compromise (BEC) scams worldwide from 2017 to 2018

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Number of attempts
20179,708
201812,472
Number of attempts
20179,708
201812,472
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This statistic presents the number of attempts by business email compromise (BEC) scams in 2018. According to the findings, in 2017 there was a total of 9,708 attempts at implementing a BEC scam, while that number increased to 12,472 at the end of 2018.
Show more
Release date
February 2019
Region
Worldwide
Survey time period
2018
Supplementary notes
BEC = Business Email Compromise (BEC) also known as “CEO Fraud”.
BEC is defined as a sophisticated scam targeting businesses working with foreign suppliers and/or businesses that regularly perform wire transfer payments. The scam is carried out by compromising legitimate business e-mail accounts through social engineering or computer intrusion techniques to conduct unauthorized transfers of funds.
Data refers to the number of BEC attempts seen, which does not indicate whether the attacks were successful.
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