Global CEO fraud volume 2017-2020

Number of seen business email compromise (BEC) scam attempts worldwide from 2017 to 2020

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Release date

February 2021



Survey time period

2017 to 2020

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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