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FTI Journal | Critical Thinking at the Critical Time
 

Huge Payoffs for Hackers Targeting the C-Suite

Huge Payoffs for Hackers Targeting the C-Suite

Business Email Compromise (BEC) Fraud cost businesses $3.1 billion in exposed losses (stolen funds and trade secrets) from 2013 to May 2016. Although most of us believe we are savvy enough to identify an email scam when we see it, the reality is that BEC fraudsters use highly sophisticated techniques to dodge IT security controls and convince unsuspecting targets — especially C-Suite executives who hold the purse strings — of their legitimacy.

How does the scam work and what are the ways businesses can protect themselves now? Find out in this FTI Consulting white paper, Business Email Compromise Fraud: How to Develop Risk-reduction and Recovery Strategies

Published April 2017

© Copyright 2017. The views expressed herein are those of the author(s) and not necessarily the views of FTI Consulting, Inc., its management, its subsidiaries, its affiliates, or its other professionals.

About The Authors


Mark C. Spragg
mark.spragg@fticonsulting.com
Senior Managing Director
Telecommunications, Media & Technology
FTI Consulting

Nathan Landrey
nathan.landrey@fticonsulting.com
Senior Managing Director
Corporate Finance & Restructuring
FTI Consulting

Edward J. Westerman
edward.westerman@fticonsulting.com
Senior Managing Director, Co-Leader of Forensic Accounting & Advisory Services
Forensic & Litigation Consulting
FTI Consulting

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The views expressed in this article(s) are those of the author and not necessarily those of FTI Consulting, Inc., or its professionals.
©Copyright, FTI Consulting, Inc., 2012. All rights reserved.

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