Our Cyber Security Team has notified us of a new cybercrime targeting businesses across the state. In the scheme, known as Business Email Compromise (BEC) or Email Account Compromise (EAC), hackers impersonate a known email contact, such as a vendor, a government agency or a company executive to attempt to gain unauthorized information or access to commit fraud. The hacker’s goal is to take over access to email and financial accounts in order to defraud the business of as much money as they can, as quickly as possible. Recently, several municipalities have been targeted, one falling victim and leading to […]
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