Global CEO fraud volume 2017-2019

This statistic presents the number of seen business email compromise (BEC) scams in 2019. According to the findings, in 2019 there was a total of 13,055 seen attempts at implementing a BEC scam, up from 12,472 at the end of 2018.

Number of seen business email compromise (BEC) scam attempts worldwide from 2017 to 2019

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Source

Release date

February 2020

Region

Worldwide

Survey time period

2017 to 2019

Special properties

Trend Micro Smart Protection Network infrastructure; wider industry metrics may vary

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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