Business Email Compromise, commonly known as BEC attacks, are among the biggest email security threats faced by enterprises. The most popular case of BEC that comes to mind is the one that happened to the Indian subsidiary of an Italy-based multinational organization Maire Tecnimont, earlier this year.
The total volume of digital transactions in India grew by 58.8% in the year 2018-2019, according to a recent study. From minor retail transactions to major B2B settlements, every transaction is being carried out digitally.