Vendor email compromise (VEC)

A type of fraud in which criminals hack into a vendor’s email account and use it to send fraudulent invoices or requests for payment to the vendor’s customers. VEC can lead to financial losses and reputational damage.

A type of fraud in which criminals hack into a vendor’s email account and use it to send fraudulent invoices or requests for payment to the vendor’s customers. VEC can lead to financial losses and reputational damage.