Intellectual property theft has become a growing worry for the US government. There is concern that US universities and government research facilities are vulnerable to theft of sensitive information using BEC by hostile foreign governments. Amid fears that the US is in danger of losing its technological edge over competitors.

Researchers found that educational institutions are more than twice as likely to be targeted by a business email compromise (BEC) attacks than an average organization. In fact, more than 1 in 4 spear-phishing attacks that they saw targeting the education sector. From June to September of 2020, more than 1,000 educational groups contended with a total of 3.5 million spear-phishing attempts. In addition, 30% of education sector-based participants have fallen prey to phishing attempts.

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