[OPENING KEYNOTE] Business Email Compromise: Real World Stories and Practical Defense presented at SecureWorldStLouis 2020

by Christopher Mcmahon,

Summary : The average loss from a bank robbery is about $3,000. The average loss from a successful Business Email Compromise (BEC) attack is nearly $130,000. That kind of math explains why BEC is rampant, and every type of organization is at risk. During this presentation, hear from the point person on BEC cases investigated by the U.S. Secret Service. He’ll share true crime examples of and practical steps for defense against BEC losses, which now stand at $13.5 billion in the last six years.