Gift Cards Requested in Two-Thirds of BEC Attacks, Report Reveals
A report revealed that scammers requested funds in the form of gift cards in two-thirds of business email compromise (BEC) attacks. For a phishing trends report from the Anti-Phishing Working Group (APWG), APWG member Agari examined thousands of BEC attacks that occurred in the second half of 2020. It found that 66% of them involved gift cards. By contrast, direct bank transfers factored in just 18% of attacks, followed close behind by payroll diversions at 16%.