BEC

Nissan’s Ghosn Gone Amid Improper Payments Scandal
Nissan’s Ghosn Gone Amid Improper Payments Scandal
November 30, 2018  |  B2B Payments

Nissan has voted to oust Chairman Carlos Ghosn from his position in the wake of alleged fraud. Beyond those headlines, Australia urgently warns of BEC...

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Four In 10 Road Warriors Use Corporate Cards For Personal Items
Four In 10 Road Warriors Use Corporate Cards For Personal Items
November 09, 2018  |  B2B Payments

Corporate cards used for personal gain — no doubt it’s a story familiar to you, as the practice is widespread, according to a recent study...

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Govt Eyes BEC, Govt Slammed By BEC
Govt Eyes BEC, Govt Slammed By BEC
October 26, 2018  |  Cybersecurity

  Even as the SEC wants companies to be vigilant about cybersecurity, BEC claims new victims, among them DC government officials.  Elsewhere, a trio of...

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Easy Pickings for BEC Criminals?
Easy Pickings for BEC Criminals?
October 05, 2018  |  B2B Payments

When it comes to BEC fraud, the fruit is low hanging, according to data from Dark Shadows -- tens of thousands of finance department emails...

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Easy Pickings for BEC Criminals?
Easy Pickings for BEC Criminals?
October 05, 2018  |  News

The age of business email compromise is upon us.  And for the scammers, it’s not all that hard to do the scamming. The methods have...

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Vocalink On The Grim Facts Behind Financial Crime’s $1.4T Toll
Vocalink On The Grim Facts Behind Financial Crime’s $1.4T Toll
October 02, 2018  |  Cybersecurity

Halloween comes early this year as we delve into a slew of grisly facts about financial crime in our latest Data Drivers. Losses amount to...

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BEC Run Out Of Detention Center Nets Millions
BEC Run Out Of Detention Center Nets Millions
September 17, 2018  |  B2B Payments

Mobile means payments fraud schemes can be run from the unlikeliest of locations.  In the meantime, business email compromises are on the rise, as phishing...

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Business Email Scams Spin Even Wider Webs
Business Email Scams Spin Even Wider Webs
July 25, 2018  |  B2B Payments

If the Business Email Compromise (BEC) scam isn’t on the radar of every corporate finance executive, it certainly should be. The Federal Bureau of Investigation...

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Surprise: The C-Suite Falls For Invoice Scams The Most
Surprise: The C-Suite Falls For Invoice Scams The Most
September 14, 2017  |  B2B Payments

Employees certainly need more training to be able to detect a business email compromise (BEC) when they see one. What makes this so difficult, some...

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