ABUJA: West Africa's infamous Internet scammers have evolved, dropping their impersonations of online love interests, princes and US soldiers in favour of hijacking corporate e-mails, costing businesses hundreds of millions of dollars a year.
It is a much more lucrative venture that works by gaining access to corporate e-mail login details or passing off almost-identical addresses as the real deal, a scam known as Business E-mail Compromise (BEC), according to a report by cybersecurity firm CrowdStrike issued on May 3.
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