Business Email Compromise Investigation (BEC)
Business Email Compromise (BEC) is a rapidly growing form of cybercrime in which attackers gain access to corporate email accounts or spoof legitimate identities to defraud companies, employees, customers, or partners of funds. Digitpol, a global cybercrime investigation agency, provides rapid-response support to organisations affected by BEC, including forensic investigation, guidance, and assistance with freezing and recovering funds through coordination with local authorities.
BEC attacks typically target companies that conduct frequent wire transfers or work with international suppliers, relying on sophisticated social engineering tactics to deceive employees and executives. Digitpol’s certified computer forensic investigators and fraud examiners specialise in investigating email scams and fraud, offering expert support to mitigate losses and prevent future attacks.
How BEC Fraud Works:
Cyber criminals find ways to hack into the email servers or accounts of small and medium companies, often targeting companies or investors conducting business with Asia countries. Cyber criminals gain access to email accounts and search through email accounts looking for sensitive information such as outstanding, unpaid invoices or data relating to financial transactions and business between supplier, vendor and clients. When cyber criminals identify a sale or a due invoice, the fraudsters then send various fictitious emails from the hacked email account or an email address replicated to the original posing to be in charge of the sale or due invoice to be paid, the fraudster is then asking for transfers of funds into a nominated bank account, usually giving an excuse that there is a problem at the bank and an alternative account needs to be used.
How We Can Help
Digitpol's Cyber and Fraud Team are certified fraud and forensic examiners and can deploy to assist with all cases related to email fraud, email spear phishing attacks, email scams and on-line related fraud. Digitpol can deploy forensic examiners to investigate hacking, determine how it took place and report the findings, Digitpol ensures that hackers are not active in your network and ensure your user accounts policies and rules are configured correctly to prevent further attacks.
Digitpol's Business Email Compromise Investigation Team liaise with banks, police and exchanges, we present forensic evidence directly to banks requesting seizure or to hold and transferred funds.
What Victims Need To
If you have transferred funds to a bank account in error, the following is urgent.
- Report the incident as soon as possible to your local police in the country you reside in. Obtain the Police report or case number.
- Immediately alert your bank the transaction is fraudulent.
- Report the case to the Police in the location of the transferred bank account or engage Digitpol and its legal team to act for you by reporting the complaint to the Police and conducting an Investigation by liaising with the Police and the banks.