“Targeted email attacks are becoming more frequent and sophisticated, according to researchers at cybersecurity firm Kaspersky.

The company claims that Business Email Compromise (BEC) has become a very popular method of attack among criminals. It revolves around impersonating an employee from the target company and initiating email correspondence with the victim. The end goal is always the same: to obtain sensitive data or even have the victim transfer the funds into the criminals’ accounts.” – read more at ITProPortal!