BEC Scam

Coronavirus Fraud Is In Full Swing — And Businesses Are A Big Target
Coronavirus Fraud Is In Full Swing — And Businesses Are A Big Target
May 11, 2020  |  B2B Payments

Fraud warnings continue to grow louder as bad actors uncover new opportunities to take advantage of market volatility and other aspects of the unique circumstances...

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FBI: 50 Pct Of Cybercrime Targets B2B Payments
FBI: 50 Pct Of Cybercrime Targets B2B Payments
February 12, 2020  |  B2B Payments

Business email compromise (BEC) scams are squeezing more money than ever out of victims, and accounted for more than half of all losses from cyberattacks...

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FinServ Providers Lift Some Of B2B’s Fraud Burden
FinServ Providers Lift Some Of B2B’s Fraud Burden
December 02, 2019  |  B2B Payments

As B2B fraud threats like the business email compromise (BEC) scam or internal employee theft continue to grow for businesses large and small, experts are...

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KPMG Combats B2B Payments Fraud With Secure Payments
KPMG Combats B2B Payments Fraud With Secure Payments
November 21, 2019  |  B2B Payments

KPMG is rolling out a new payments security solution targeting B2B payments fraud, the company said Thursday (Nov. 21). A press release said KPMG is...

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FBI, BBB Sound Another Business Email Compromise Alarm
FBI, BBB Sound Another Business Email Compromise Alarm
September 30, 2019  |  B2B Payments

Three Kenya-based online scammers are reportedly headed to sentencing after allegedly stealing $3 million from U.S. companies via the Business Email Compromise scam, reports in...

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