"25% of BEC Cybercriminals Based in the US"

The Agari Cyber Intelligence Division (ACID) published the results of a study on the operations of Business Email Compromise (BEC) attacks. These results give insight into the global footprint of BEC activity. Researchers looked at information on 9,000 defense engagements between May 2019 and July 2020, 2,200 of which allowed them to identify where attackers are likely located. They were able to identify BEC attackers in over 50 different countries. According to ACID's report, 25% of those behind BEC attacks were based in the United States, with nearly half of them located in California, Florida, Georgia, New York, and Texas. Sixty percent of the perpetrators behind these attacks were based in 11 African countries, with 83% of them based in Nigeria. This article continues to discuss key findings of the study on the locations of BEC cybercriminals and BEC money mules. 

Dark Reading reports "25% of BEC Cybercriminals Based in the US"