BEC attacks have become the predominant cyber threat businesses face today. Since 2016, businesses have lost at least USD 26 billion as a result of BEC attacks and, based on the most recent FBI IC3 report, losses from BEC attacks grew another 37% in 2019, accounting for 40% of all cybercrime losses over the course of the year. Unlike traditional BEC groups, Cosmic Lynx has demonstrated the capability to develop complex and creative attacks that sets them apart from other more generic BEC attacks.
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