Thanks to APCO's partnership with the Department of Homeland Security, we have been made aware of a cyber threat that could have an impact on your organization.
From DHS: “Business email compromise (BEC) is a scheme in which cybercriminals send out targeted email messages to personnel with finance or resource roles within an organization in order to trick them into transferring funds to the cybercriminals.
Frequently, the BEC emails are made to look like they are from senior executives within an organization or trusted vendors to increase the urgency for victim individuals.”
On the cybersecurity section of APCO's website, you will find a white paper with detailed information on this scheme.