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How We Protect Our Business from BEC Scams—And How You Can Too

By ||Published On: February 21st, 2025||Categories: Marketing||

As a website development company, we understand the importance of cybersecurity firsthand. Like many businesses, we’ve encountered attempts at fraud—fake vendor invoices, deceptive employee payroll requests, and phishing emails designed to trick our team into handing over sensitive information. 

Fortunately, we’ve managed to avoid these threats, but the growing number of Business Email Compromise (BEC) scams makes it clear that every company needs to stay vigilant.

We want to help others recognize and prevent these scams before they cause significant financial and reputational damage.

What Is a BEC Scam?

BEC scams typically involve a cybercriminal impersonating someone your business trusts—a vendor, a high-level executive, or even a colleague in HR or payroll. The goal is to convince an employee to send money or disclose sensitive data under the guise of a legitimate business transaction.

These scams are highly sophisticated and often rely on email spoofing, hacked accounts, or deepfake technology to appear convincing.

Common Tactics of BEC Scammers

  • Fake Vendor Invoices – A scammer poses as a known vendor and submits an invoice with changed payment details.

  • Payroll Diversion Attacks – A fake “employee” (or someone impersonating a real employee) requests an urgent direct deposit update.

  • CEO Fraud – An email seemingly from upper management directs an employee to transfer funds to an unknown account.

  • Compromised Email Threads – Hackers break into a real email account and intercept conversations, inserting fraudulent payment instructions.

A Real-World Example

A construction company in Australia fell victim to a BEC scam when hackers gained access to a supplier’s email account. The scammers then sent an invoice that looked completely authentic—but with altered bank details. The company unknowingly sent over $900,000 to a fraudulent account before realizing the deception.

How to Protect Your Business

  • Train Your Team – Teach employees to recognize red flags, such as urgent or unexpected payment requests.

  • Verify Before You Pay – Always call vendors or employees directly using a known phone number before processing sensitive requests.

  • Enable Multi-Factor Authentication (MFA) – This adds an extra layer of security against compromised email accounts.

  • Monitor Payroll and Vendor Changes – Be wary of last-minute updates to payment details and confirm them independently.

  • Use Email Filtering and Monitoring – Advanced security tools can help detect phishing attempts and suspicious activity.

Final Thoughts

BEC scams are on the rise, and no business is immune—but by training your employees and implementing strong security protocols, you can significantly reduce the risk. If your company hasn’t conducted cybersecurity awareness training recently, now is the time.

Firefly Marketing team

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Categories: Marketing

About the Author: Hunter Euchaski

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