Invoice Fraud Costs UK Construction Sector Millions, NCA Warns

The UK National Crime Agency and National Federation of Builders warned that invoice fraud — a business email compromise technique where attackers impersonate suppliers and change bank details on invoices — is increasingly targeting the construction sector, causing millions in losses; the report cites recent figures, explains the exposure due to complex contractor supply chains and insecure email channels, and urges verification procedures, MFA, password best practices and anti-malware to reduce risk.