View from the Chamber – Thursday September 23

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Do you know what a business email compromise (BEC) scam is?

It’s is a form of phishing attack where a criminal attempts to trick a senior executive or budget holder in a business into transferring funds or revealing sensitive information.

The criminals behind BECs send convincing-looking emails that might request unusual payments or contain links to ‘dodgy’ websites. Some emails may contain viruses disguised as harmless attachments, which are activated when opened.

You might think you could spot a fake email, but unlike standard phishing emails that are sent out indiscriminately to millions of people, BEC attacks are crafted to appeal to specific individuals and can be even harder to detect.

BEC is a threat to all organisations of all sizes and across all sectors, including non-profit organisations and government.

What are the signs of BEC?

Unsolicited email/phone call

Pressure and urgency to take action

Direct contact from a senior official you are normally not in contact with

Unusual request in contradiction with internal procedures

Request for confidentiality

Threats or unusual flattery/promises of reward.

Please be extra careful with emails coming from your business contacts and double-check details with the real person by phone or through alternative communication channels before changing any payment details requested.

Lochaber Chamber of Commerce works to help support our members across all aspects of their business.

See www.lochaberchamber.co.uk for details of upcoming online events on cybersecurity and links to further information and advice.