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Prevent and report email compromise
Dec. 3, 2025

Business Email Compromise (BEC) is a highly targeted cybercrime that uses spoofed or hacked email accounts to trick businesses into sending money or sensitive information. Common schemes include payroll diversion, fraudulent supplier payment changes, and urgent fund transfers, often exploiting trust and urgency. To prevent BEC, businesses should train employees, verify payment requests through multiple channels, use two-step verification, and report all incidents to local police, the Canadian Anti-Fraud Centre, and financial institutions immediately. Read more