Sections
BEC
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Security & FraudIt Takes A Hub: Fighting eCommerce Fraudsters Across New Vectors
As commerce shifts online in a pivot that is likely to remain permanent, the...
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B2B PaymentsEmail’s Role In Combatting Business Email Compromise
With the business email compromise (BEC) phishing attack a continuously growing threat for businesses...
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B2B PaymentsBEC Tops Fraud Attempts Against Treasurers: Survey
The 2020 Association for Financial Professionals (AFP) Payments Fraud and Control Survey underwritten by...
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B2B PaymentsWith BEC Scams, Wire Payments Aren’t The Problem
While troubling times can showcase humanity’s resiliency, they can also bring out the worst...
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B2B PaymentsFBI Details Evolving Sophistication Of BEC Scammers
The FBI has once again sounded the alarm on the proliferation of digital fraud...
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Security & FraudThe Big Spike In ‘CEO Fraud’
According to the 2019 edition of the FBI’s Internet Crime Report, last year was both...
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B2B PaymentsFraudsters Try New Spins On The BEC Scam
The Business Email Compromise (BEC) continues to evolve. Fraudsters are adding new twists to...
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B2B PaymentsWhen Email Becomes SMBs’ Biggest Security Threat
The business email compromise (BEC) scam is a cybersecurity threat to businesses of all...
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B2B PaymentsThe B2B Payments Fraud Threat Of Internal Employees
It was a difficult week for businesses getting hit with cyberattacks, with foreign currency...
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B2B PaymentsAnomali Identifies Scam To Steal Gov’t Procurement Site Credentials
An unidentified group is reportedly putting much effort into a complicated scam to steal...
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Security & FraudFrom Russia, with Malware: US Charges Hacking Group Evil Corp....
Call it Russian interference of a different sort that netted $100 million from banks...
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B2B PaymentsJustice Department Indicts 80 in Massive Online Fraud Scheme
The Justice Department has unsealed an indictment spanning hundreds of charges against 80 individuals,...
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B2B PaymentsRansomware Gains Traction, UK BEC Fraud Spikes
Ransomware, paid in bitcoin, is gaining traction as a way for fraudsters to bilk...
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B2B PaymentsBEC Scam Storms The Sports Field (Literally)
A BEC scam has robbed a Virginia school of funds to pay for a...
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B2B PaymentsBEC Scams Nearly Double Over Three Years
Business E-mail Compromise (BEC) fraud scams are on the rise, and the latest data...
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B2B PaymentsIn Australia, Card (And Other Payments) Fraud Is Big Business
Attacks on Australia’s government — including payments fraud — have been on the rise,...
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Sizzle/FizzleEarnings Season Looms As Multi-Week Fizzle
Earnings season begins roughly two weeks after the close of the quarter. Earnings season...
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Security & FraudReport: Email Variants Keep BEC Fraud Humming Along
In payments fraud, it pays — literally — to change up the game a...
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B2B Payments‘Scattered Canary’ BEC Scams Aim At US Firms
From a one-man shop committing check fraud on Craigslist to a sophisticated multi-fraudster committing...
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B2B PaymentsStudy: BEC Attacks On Financial Service Firms Up 60 Pct
Proofpoint finds in a new study that BEC scams have financial service firms in...
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Security & FraudSingapore Police Prevent Bitcoin Machine Scam
Police in Singapore helped stop a scam that was targeting users of bitcoin machines...
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B2B PaymentsFBI: BEC Scams Stole $1.2B In 2018
BEC scams are proving lucrative, according to recent FBI reports, which found that the...
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B2B PaymentsBEC Fraudsters Eye HR Departments As Prey
Fraudsters are always evolving and now are training BEC scams to focus on HR...
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Security & FraudEx-FBI On The Onion Approach To Battling Cyber Criminals
When it comes to combating payments fraud, it helps to have insight from one...
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Security & FraudReport: BEC Fraud Increasingly Goes Mobile
The wiles and ways of scammers to part businesses from their money continue to...
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Partnerships / AcquisitionsNCR Expands Hospitality Reach With BEC Buy
NCR announced late last week the acquisition of BEC, a provider of hospitality point-of-sale (POS) technology...
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B2B PaymentsState Employees In Mississippi Targets Of Direct Deposit Scam
BEC makes inroads, now through attempted direct deposits into employee bank accounts, and where...
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BEC Targets BSA Officials At Credit Unions
Even Bank Secrecy Act officials are in the crosshairs of scammers, according to news...
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B2B PaymentsStudy Sees BEC Scams Gaining Ground
New year, and perhaps new fears for executives as fraudsters look to siphon off...
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B2B PaymentsFaster Payments, Open Banking Should Keep Treasurers On High Alert
While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including...
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B2B PaymentsFraud? Maybe Not, But Some Questionable Expenses Indeed
Watches for $8,000? Hotel rooms for garlic? Certify offers some of the more questionable attempts...
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B2B PaymentsNissan’s Ghosn Gone Amid Improper Payments Scandal
Nissan has voted to oust Chairman Carlos Ghosn from his position in the wake...
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B2B PaymentsFour In 10 Road Warriors Use Corporate Cards For Personal...
Corporate cards used for personal gain — no doubt it’s a story familiar to...
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Security & FraudGovt Eyes BEC, Govt Slammed By BEC
Even as the SEC wants companies to be vigilant about cybersecurity, BEC claims...
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B2B PaymentsEasy Pickings for BEC Criminals?
When it comes to BEC fraud, the fruit is low hanging, according to data...
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NewsEasy Pickings for BEC Criminals?
The age of business email compromise is upon us. And for the scammers, it’s...
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Security & FraudVocalink On The Grim Facts Behind Financial Crime’s $1.4T Toll
Halloween comes early this year as we delve into a slew of grisly facts...
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BEC Run Out Of Detention Center Nets Millions
Mobile means payments fraud schemes can be run from the unlikeliest of locations. In...
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B2B PaymentsBusiness Email Scams Spin Even Wider Webs
If the Business Email Compromise (BEC) scam isn’t on the radar of every corporate...
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B2B PaymentsSurprise: The C-Suite Falls For Invoice Scams The Most
Employees certainly need more training to be able to detect a business email compromise...
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Security & FraudHacker Tracker: Identity Fraud On The Rise
Greater connectivity means greater opportunities — not just for businesses and consumers, but also...
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FacebookFacebook Tracker: Anticipation
Facebook (FB) shares have hit record highs amid investor optimism on the social media...
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Security & FraudGoogle And Facebook Scammed Out Of $100M
It doesn’t matter where or who you are. Phishing attacks can happen to even...
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Today In DataToday In Data: B2B Payments Fraud
Fraud can happen on a multitude of levels in nearly any part of the...
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Daily Data DivePYMNTS’ Daily Data Dive: Email Hacker Takes $100M
It’s hard to hide any wrongdoings in today’s tech-infused world. Everything is recorded, timestamped,...
