$36M BEC Fraud Attempt Narrowly Thwarted by AI

In an attempt to fraudulently obtain more than $36 million, a threat actor emailed an escrow officer and their client, a commercial real estate company, while impersonating the senior vice president and general counsel of a trusted partner company. The business email compromise (BEC) attack was caught due to a flaw in a domain name, behavioral AI, and advanced modeling system.

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