  The paper gives a brief introduction about what BEC (Business Email
Compromise) is and why we should be concerned about. In addition, it presents 2
examples, Ubiquity and Peebles Media Group, which have been chosen to analyse
the phenomena of BEC and underpin how universal BEC threat is for all
companies. The psychology behind this scam has been, then, studied. In
particular, the Big Five Framework has been analysed to understand how
personality traits play an important role in Social Engineering-based attacks.
Furthermore, the 6 basic principles of influence, by Cialdini, have been
presented to show which strategies are adopted in such scam. The paper follows
with the analysis of the BEC impacts, the incidents evaluation and, finally,
with the description of some precautions, that companies should undertake in
order to mitigate the likelihood of a Business Email Compromise.
