Business Email Compromise

The video tutorial explains various types of email fraud, including Business Email Compromise (BEC) and CEO fraud, where attackers impersonate executives to manipulate targets into transferring money or sharing sensitive information. It highlights the importance of verifying email domains and following internal control procedures to prevent mandate fraud, a common scam in the UK. The tutorial emphasizes vigilance and proper verification methods to mitigate risks associated with these frauds.

Explain the term 'mandate fraud' and its implications.

What steps should you follow if you are suspicious of a request to change bank account details?