Business E-mail compromise

E-mail fraud is one of the fastest-growing types of cyber fraud in the world, and while it has seen several variations over the years, the type that is currently receiving the most attention is referred to as Business E-mail Compromise (BEC). BEC fraud is so common in South Africa that there is hardly any investigator that has not yet heard about this type of fraud, or even potentially been asked to investigate this type of fraud. The questions we need to ask are about the extent of the problem and whether investigators really understand the crime and the criminal( s) behind it?

While we have evidence from the cases that we work on in South Africa that the problem is bad, there are no official statistics on BEC, which means that we have no idea as to the actual number of victims or the total losses incurred in any year. This is not surprising considering that the CAS system used by the Sout Africa Police Service to register cases, makes no actual provision to distinguish between BEC and other types of fraud.

Presenter: Mr Jason Jordaan

Jason is a passionate digital forensics, incident response, eDiscovery and cybercrime investigation professional who strongly believes in finding the facts and solving problems, that often have a very real human cost. He served for 18 years in law enforcement as a detective and digital forensics examiner, before moving into the private sector, which has allowed him to continue making a difference in a bigger operational area. In addition to actually doing the work, he loves developing people that want to get into these fields and enjoy mentoring the next generation of forensic investigators. He is also an active academic and researcher in these disciplines and a published author in these disciplines.

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