Heather Moye

FinCEN
Cyber and Emergent Issues Specialist

Panel Abstract: How Banks Combat Business Email Compromise (BEC) Schemes 

This roundtable discussion will explore the role of banks in responding to and working to prevent business email compromise (BEC) schemes – a widespread type of cybercrime that tricks victims into misdirecting large payments, often using fraudulent emails. The speakers will address not only the process of freezing and recovering funds stolen through a BEC scheme but also their role in efforts to prevent fraudulently misdirected payments and to combat specific BEC threats.