BEC

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Report: Email Variants Keep BEC Fraud Humming Along
Report: Email Variants Keep BEC Fraud Humming Along
July 01, 2019  |  Cybersecurity

In payments fraud, it pays — literally — to change up the game a bit. As noted in a report by FireEye, the bad guys...

READ MORE >
‘Scattered Canary’ BEC Scams Aim At US Firms
‘Scattered Canary’ BEC Scams Aim At US Firms
June 10, 2019  |  B2B Payments

From a one-man shop committing check fraud on Craigslist to a sophisticated multi-fraudster committing BEC scams, the rise of Scattered Canary has been startling. Elsewhere, in...

READ MORE >
Study: BEC Attacks On Financial Service Firms Up 60 Pct
Study: BEC Attacks On Financial Service Firms Up 60 Pct
May 03, 2019  |  B2B Payments

Proofpoint finds in a new study that BEC scams have financial service firms in the crosshairs, with attacks on that sector up 60 percent at...

READ MORE >
Singapore Police Prevent Bitcoin Machine Scam
Singapore Police Prevent Bitcoin Machine Scam
April 28, 2019  |  Cybersecurity

Police in Singapore helped stop a scam that was targeting users of bitcoin machines at a local mall. The police have been investigating bitcoin machines...

READ MORE >
FBI: BEC Scams Stole $1.2B In 2018
FBI: BEC Scams Stole $1.2B In 2018
April 26, 2019  |  B2B Payments

BEC scams are proving lucrative, according to recent FBI reports, which found that the bad guys’ haul doubled in 2018 over 2017. Separately, in Ireland, students...

READ MORE >