Annual U.S. BEC victims monetary loss 2020-2023
In 2023, individuals in the United States lost over 2.94 billion U.S. dollars in business e-mail compromise (BEC) scams. This figure represents a notable increase since 2021 when the reported losses totaled approximately 2.4 billion U.S. dollars. In 2020, the amount of money lost in this type of cybercrime in the U.S. amounted to over 7.4 billion U.S. dollars.