BEC

Anomali Identifies Scam To Steal Gov’t Procurement Site Credentials

Anomali Identifies Scam To Steal Gov’t Procurement Site Credentials
Anomali Identifies Scam To Steal Gov’t Procurement Site Credentials
December 17, 2019  |  B2B Payments

An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The targets are procurement websites...

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From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud
From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud
December 05, 2019  |  Cybersecurity

Call it Russian interference of a different sort that netted $100 million from banks and financial institutions (FIs) in more than 40 countries. What would...

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 Justice Department Indicts 80 in Massive Online Fraud Scheme
 Justice Department Indicts 80 in Massive Online Fraud Scheme
August 26, 2019  |  B2B Payments

The Justice Department has unsealed an indictment spanning hundreds of charges against 80 individuals, many of them Nigerian nationals. The charges detail elaborate BEC schemes...

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 Ransomware Gains Traction, UK BEC Fraud Spikes
 Ransomware Gains Traction, UK BEC Fraud Spikes
August 19, 2019  |  B2B Payments

Ransomware, paid in bitcoin, is gaining traction as a way for fraudsters to bilk victims out of their money. Elsewhere, in the UK, business email...

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BEC Scam Storms The Sports Field (Literally)
BEC Scam Storms The Sports Field (Literally)
August 12, 2019  |  B2B Payments

A BEC scam has robbed a Virginia school of funds to pay for a new football field.  Separately, AppZen finds that artificial intelligence (AI) can...

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BEC Scams Nearly Double Over Three Years
BEC Scams Nearly Double Over Three Years
July 29, 2019  |  B2B Payments

Business E-mail Compromise (BEC) fraud scams are on the rise, and the latest data shows a boost in the number of incidents and the value...

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In Australia, Card (And Other Payments) Fraud Is Big Business
In Australia, Card (And Other Payments) Fraud Is Big Business
July 15, 2019  |  B2B Payments

Attacks on Australia’s government — including payments fraud — have been on the rise, scoring, cumulatively, tens of millions of dollars.  Elsewhere, individual cases of...

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Earnings Season Looms As Multi-Week Fizzle
Earnings Season Looms As Multi-Week Fizzle
July 05, 2019  |  Exclusive Series

Earnings season begins roughly two weeks after the close of the quarter. Earnings season serves as a barometer of the health of companies, and as...

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