Email spoofing is when a criminal sends an email that appears to come from your business, using your exact domain in the From address. It is how invoice fraud, fake supplier requests and staff impersonation usually begin. The recipient sees your name, trusts it, and acts on it.
The frustrating part is that stopping it is not about your own inbox. It depends on records published in your domain DNS that tell every other mail server in the world whether to trust email claiming to be from you. Get them right and spoofed email is rejected before it lands. Leave them weak and anyone can impersonate you.