Lessons from the Underground: How to Combat Business Email Compromise

Business Email Compromise is a complex operation that goes beyond a simple email scam, involving compromised accounts and financial research. It also includes cash-out networks, indicating a high level of coordination among attackers. Underground forums provide insight into the planning and execution of BEC attacks, according to Flare's exploration of the topic. This suggests that BEC attacks are carefully planned and involve multiple components. The use of underground forums implies a level of organization and communication among attackers. BEC attacks are therefore a sophisticated threat that requires a comprehensive understanding to combat.