The global business email compromise market, valued at USD 1.20 Billion in 2023, is projected to reach USD 6.64 Billion by 2032, growing at a compound annual growth rate (CAGR) of 22.24% during the forecast period.

The Business Email Compromise (BEC) Market is growing significantly as organizations combat email-based fraud and phishing attacks. BEC attacks involve cybercriminals impersonating trusted entities to manipulate employees into transferring funds or disclosing sensitive information.

Key solutions in this market include email authentication, real-time monitoring, machine learning-based threat detection, and incident response tools. Major players like Proofpoint, Mimecast, Barracuda Networks, and Cisco Talos are developing advanced technologies to tackle these threats effectively.

The market’s growth is propelled by the increasing volume of email traffic, the sophistication of phishing techniques, and the financial losses caused by BEC scams. Industries such as BFSI, retail, and healthcare are the primary adopters of BEC solutions. With the integration of AI and behavioral analytics, these tools are becoming more effective in detecting anomalies and preventing attacks, ensuring secure business communication.

Read More Details@ https://www.snsinsider.com/reports/business-email-compromise-market-3453 
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