BEC scams hit construction companies; ACSC issues medium alert

July 08, 2021 • In The Media
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The Australian Cyber Security Centre (ACSC) has notified construction companies to be more alert after it observed that there was a rise in BEC scams in the industry.
Kenn Anthony Mendoza, ITWire

The ACSC has issued a medium alert for construction companies and their customers after it observed that in the past six months, there has been a rise in cybercriminals conducting business email compromise (BEC) scams, targeting builders and construction companies within the country.

The ACSC explains that a BEC scam involves cybercriminals sending fraudulent emails posing as a legitimate business.