North America Business Email Compromise (BEC) Market Size, Share & Industry Trends Analysis Report By Offering (Solutions and Services), By Deployment Mode, By Organization Size (Large Enterprises and SMEs), By Vertical, By Country and Growth Forecast, 2022 - 2028

The North America Business Email Compromise (BEC) Market would witness market growth of 17.6% CAGR during the forecast period (2022-2028).

Business Email Compromise is a method that is being utilised to scam corporations and financial teams (BEC). In BEC assaults, fraudsters pose as internal company employees including managers, executives, or the CEO via email systems. Subsequently they send emails to internal teams asking for money to be sent to an unauthorized bank account or vendor. They can pose as an existing vendor and ask for payment to be made to a separate bank account than the one that is currently on record. They could even ask to have their payment data changed so that any future payments go to an erroneous account.

Attackers conduct extensive background research on the target company and its workers before launching an effective BEC scam. They gather contact information for employees and business information from social media sites, websites, and other public forums. High-level executives who make payments on behalf of the company, like CEOs, attorneys, or members of the finance department, are typically the targets of BEC attacks. Attackers utilize the information they've gathered to spoof email addresses, make lookalike domains, or utilize phishing to break into a group's email system after they've decided which email accounts to attack.

U.S. law enforcement officers carried out more than 51 domestic operations during Operation WireWire, such as the execution of search warrants, asset seizure orders, and money mule warning letters. Additionally, 15 suspected money mules were charged for their roles in scamming victims by local, state, and federal law enforcement partners on FBI task teams across the nation, with the aid of numerous district attorneys. Witting or unwitting, money mules play a crucial part in BEC operations since they are responsible for receiving the stolen money and transferring it as the fraudsters instruct. For their trouble, the mules typically keep a small portion of the money. This would augment the demand and growth of the regional market in the coming years.

The US market dominated the North America Business Email Compromise (BEC) Market by Country in 2021, thereby, achieving a market value of $829 million by 2028. The Canada market is experiencing a CAGR of 19.9% during (2022 - 2028). Additionally, The Mexico market would showcase CAGR of 19.6% during (2022 - 2028).

Based on Offering, the market is segmented into Solutions and Services. Based on Deployment Mode, the market is segmented into Cloud and On-premises. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & ITeS, Retail & eCommerce, Manufacturing, Government, Energy & Utilities, Healthcare and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Business Email Compromise (BEC) Market is Predict to reach $3.3 Billion by 2028, at a CAGR of 19%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Check Point Software Technologies Ltd., Broadcom, Inc., Fortinet, Inc., Cisco Systems, Inc., Trend Micro, Inc., Proofpoint, Inc., Mimecast Limited, Barracuda Networks, Inc. (Thoma Bravo), Agari (HelpSystems, LLC) and Zix Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Offering

• Solutions
• Services

By Deployment Mode

• Cloud
• On-premises

By Organization Size

• Large Enterprises
• SMEs

By Vertical

• BFSI
• IT & ITeS
• Retail & eCommerce
• Manufacturing
• Government
• Energy & Utilities
• Healthcare
• Others

By Country

• US
• Canada
• Mexico
• Rest of North America

Key Market Players

List of Companies Profiled in the Report:

• Check Point Software Technologies Ltd.
• Broadcom, Inc.
• Fortinet, Inc.
• Cisco Systems, Inc.
• Trend Micro, Inc.
• Proofpoint, Inc.
• Mimecast Limited
• Barracuda Networks, Inc. (Thoma Bravo)
• Agari (HelpSystems, LLC)
• Zix Corporation

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Business Email Compromise (BEC) Market, by Offering
1.4.2 North America Business Email Compromise (BEC) Market, by Deployment Mode
1.4.3 North America Business Email Compromise (BEC) Market, by Organization Size
1.4.4 North America Business Email Compromise (BEC) Market, by Vertical
1.4.5 North America Business Email Compromise (BEC) Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Strategies deployed in Business Email Compromise (BEC) Market

Chapter 4. North America Business Email Compromise (BEC) Market by Offering
4.1 North America Solutions Market by Country
4.2 North America Services Market by Country

Chapter 5. North America Business Email Compromise (BEC) Market by Deployment Mode
5.1 North America Cloud Market by Country
5.2 North America On-premises Market by Country

Chapter 6. North America Business Email Compromise (BEC) Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America SMEs Market by Country

Chapter 7. North America Business Email Compromise (BEC) Market by Vertical
7.1 North America BFSI Market by Country
7.2 North America IT & ITeS Market by Country
7.3 North America Retail & eCommerce Market by Country
7.4 North America Manufacturing Market by Country
7.5 North America Government Market by Country
7.6 North America Energy & Utilities Market by Country
7.7 North America Healthcare Market by Country
7.8 North America Others Market by Country

Chapter 8. North America Business Email Compromise (BEC) Market by Country
8.1 US Business Email Compromise (BEC) Market
8.1.1 US Business Email Compromise (BEC) Market by Offering
8.1.2 US Business Email Compromise (BEC) Market by Deployment Mode
8.1.3 US Business Email Compromise (BEC) Market by Organization Size
8.1.4 US Business Email Compromise (BEC) Market by Vertical
8.2 Canada Business Email Compromise (BEC) Market
8.2.1 Canada Business Email Compromise (BEC) Market by Offering
8.2.2 Canada Business Email Compromise (BEC) Market by Deployment Mode
8.2.3 Canada Business Email Compromise (BEC) Market by Organization Size
8.2.4 Canada Business Email Compromise (BEC) Market by Vertical
8.3 Mexico Business Email Compromise (BEC) Market
8.3.1 Mexico Business Email Compromise (BEC) Market by Offering
8.3.2 Mexico Business Email Compromise (BEC) Market by Deployment Mode
8.3.3 Mexico Business Email Compromise (BEC) Market by Organization Size
8.3.4 Mexico Business Email Compromise (BEC) Market by Vertical
8.4 Rest of North America Business Email Compromise (BEC) Market
8.4.1 Rest of North America Business Email Compromise (BEC) Market by Offering
8.4.2 Rest of North America Business Email Compromise (BEC) Market by Deployment Mode
8.4.3 Rest of North America Business Email Compromise (BEC) Market by Organization Size
8.4.4 Rest of North America Business Email Compromise (BEC) Market by Vertical

Chapter 9. Company Profiles
9.1 Check Point Software Technologies Ltd.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.2 Broadcom, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Fortinet, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.4 Cisco Systems, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.1 SWOT Analysis
9.5 Trend Micro, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.6 Proofpoint, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.7 Mimecast Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.8 Barracuda Networks, Inc. (Thoma Bravo)
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Product Launches and Product Expansions:
9.9 Agari (HelpSystems, LLC)
9.9.1 Company Overview
9.10. Zix Corporation
9.10.1 Company Overview

TABLE 1 North America Business Email Compromise (BEC) Market, 2018 - 2021, USD Million
TABLE 2 North America Business Email Compromise (BEC) Market, 2022 - 2028, USD Million
TABLE 3 North America Business Email Compromise (BEC) Market by Offering, 2018 - 2021, USD Million
TABLE 4 North America Business Email Compromise (BEC) Market by Offering, 2022 - 2028, USD Million
TABLE 5 North America Solutions Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Solutions Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Business Email Compromise (BEC) Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 10 North America Business Email Compromise (BEC) Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 11 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 13 North America On-premises Market by Country, 2018 - 2021, USD Million
TABLE 14 North America On-premises Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Business Email Compromise (BEC) Market by Organization Size, 2018 - 2021, USD Million
TABLE 16 North America Business Email Compromise (BEC) Market by Organization Size, 2022 - 2028, USD Million
TABLE 17 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 19 North America SMEs Market by Country, 2018 - 2021, USD Million
TABLE 20 North America SMEs Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Business Email Compromise (BEC) Market by Vertical, 2018 - 2021, USD Million
TABLE 22 North America Business Email Compromise (BEC) Market by Vertical, 2022 - 2028, USD Million
TABLE 23 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 24 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 25 North America IT & ITeS Market by Country, 2018 - 2021, USD Million
TABLE 26 North America IT & ITeS Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Retail & eCommerce Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Retail & eCommerce Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Government Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Government Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Business Email Compromise (BEC) Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Business Email Compromise (BEC) Market by Country, 2022 - 2028, USD Million
TABLE 41 US Business Email Compromise (BEC) Market, 2018 - 2021, USD Million
TABLE 42 US Business Email Compromise (BEC) Market, 2022 - 2028, USD Million
TABLE 43 US Business Email Compromise (BEC) Market by Offering, 2018 - 2021, USD Million
TABLE 44 US Business Email Compromise (BEC) Market by Offering, 2022 - 2028, USD Million
TABLE 45 US Business Email Compromise (BEC) Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 46 US Business Email Compromise (BEC) Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 47 US Business Email Compromise (BEC) Market by Organization Size, 2018 - 2021, USD Million
TABLE 48 US Business Email Compromise (BEC) Market by Organization Size, 2022 - 2028, USD Million
TABLE 49 US Business Email Compromise (BEC) Market by Vertical, 2018 - 2021, USD Million
TABLE 50 US Business Email Compromise (BEC) Market by Vertical, 2022 - 2028, USD Million
TABLE 51 Canada Business Email Compromise (BEC) Market, 2018 - 2021, USD Million
TABLE 52 Canada Business Email Compromise (BEC) Market, 2022 - 2028, USD Million
TABLE 53 Canada Business Email Compromise (BEC) Market by Offering, 2018 - 2021, USD Million
TABLE 54 Canada Business Email Compromise (BEC) Market by Offering, 2022 - 2028, USD Million
TABLE 55 Canada Business Email Compromise (BEC) Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 56 Canada Business Email Compromise (BEC) Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 57 Canada Business Email Compromise (BEC) Market by Organization Size, 2018 - 2021, USD Million
TABLE 58 Canada Business Email Compromise (BEC) Market by Organization Size, 2022 - 2028, USD Million
TABLE 59 Canada Business Email Compromise (BEC) Market by Vertical, 2018 - 2021, USD Million
TABLE 60 Canada Business Email Compromise (BEC) Market by Vertical, 2022 - 2028, USD Million
TABLE 61 Mexico Business Email Compromise (BEC) Market, 2018 - 2021, USD Million
TABLE 62 Mexico Business Email Compromise (BEC) Market, 2022 - 2028, USD Million
TABLE 63 Mexico Business Email Compromise (BEC) Market by Offering, 2018 - 2021, USD Million
TABLE 64 Mexico Business Email Compromise (BEC) Market by Offering, 2022 - 2028, USD Million
TABLE 65 Mexico Business Email Compromise (BEC) Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 66 Mexico Business Email Compromise (BEC) Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 67 Mexico Business Email Compromise (BEC) Market by Organization Size, 2018 - 2021, USD Million
TABLE 68 Mexico Business Email Compromise (BEC) Market by Organization Size, 2022 - 2028, USD Million
TABLE 69 Mexico Business Email Compromise (BEC) Market by Vertical, 2018 - 2021, USD Million
TABLE 70 Mexico Business Email Compromise (BEC) Market by Vertical, 2022 - 2028, USD Million
TABLE 71 Rest of North America Business Email Compromise (BEC) Market, 2018 - 2021, USD Million
TABLE 72 Rest of North America Business Email Compromise (BEC) Market, 2022 - 2028, USD Million
TABLE 73 Rest of North America Business Email Compromise (BEC) Market by Offering, 2018 - 2021, USD Million
TABLE 74 Rest of North America Business Email Compromise (BEC) Market by Offering, 2022 - 2028, USD Million
TABLE 75 Rest of North America Business Email Compromise (BEC) Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 76 Rest of North America Business Email Compromise (BEC) Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 77 Rest of North America Business Email Compromise (BEC) Market by Organization Size, 2018 - 2021, USD Million
TABLE 78 Rest of North America Business Email Compromise (BEC) Market by Organization Size, 2022 - 2028, USD Million
TABLE 79 Rest of North America Business Email Compromise (BEC) Market by Vertical, 2018 - 2021, USD Million
TABLE 80 Rest of North America Business Email Compromise (BEC) Market by Vertical, 2022 - 2028, USD Million
TABLE 81 Key Information – Check Point Software Technologies Ltd.
TABLE 82 Key Information – Broadcom, Inc.
TABLE 83 key information – Fortinet, Inc.
TABLE 84 Key Information – Cisco Systems, Inc.
TABLE 85 Key Information – Trend Micro, Inc.
TABLE 86 key information – Proofpoint, Inc.
TABLE 87 Key Information – Mimecast Limited
TABLE 88 key information – Barracuda Networks, Inc.
TABLE 89 Key Information – Agari
TABLE 90 Key Information – Zix Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Broadcom, Inc.
FIG 3 SWOT Analysis: Cisco Systems, Inc.