Orion did not share other details about the attack, but given these were multiple wire transfers, initiated by an employee, it’s safe to assume that this was a Business Email Compromise (BEC ...

Business email compromise (BEC) is a type of spear phishing scam where the attacker impersonates or compromises an executive’s email account to manipulate the target into unknowingly disclosing ...

Or if a wire transfer is needed, go directly to the physical bank to make the transaction. Another promising option to fight back against AI-based BEC attacks involves new anti-3D phishing ...