August 17 2018
On the long list of cybersecurity threats facing corporate leaders, romance scams would at first glance hardly seem to crack the top 10. What could cons of lonely middle-aged singles have to do with the business email compromise (BEC) attacks increasingly targeting American corporations? Plenty, it turns out. Recent Justice Department enforcement actionsand published research reportshave illuminated the connection: Romance scam victims are turned into money mules – conduits for funds stolen from corporations and other victims.