Accounts deceivable: Email scam costliest type of cybercrime


BEC scams are a type of crime where criminals hack into email accounts, pretend to be someone they’re not and fool victims into sending money where it doesn’t belong. — 123rf.com

A shopping spree in Beverly Hills, a luxury vacation in Mexico, a bank account that jumped from US$299.77 (RM1,300) to US$1.4mil (RM6.07mil) overnight.

From the outside, it looked like Moe and Kateryna Abourched had won the lottery.

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Scam

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