Business Email Compromise (BEC) scams have become a significant threat to businesses, particularly in sectors like real estate. These scams typically involve identity theft, where scammers impersonate legitimate individuals to send fraudulent emails that request changes to payroll accounts. Experts and legal firms, including Ogletree Deakins, have emphasized the importance of understanding these scams and implementing measures to avoid falling victim to them. The increasing prevalence of BEC scams highlights the need for businesses to enhance their security protocols and employee training to safeguard against such threats.