Sections
Business Email Compromise
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CFOHow AP Teams Can Protect Independent Contractor Payouts From Fraud
For language-services providers, working with a wide network of translators isn't without its challenges....
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B2B PaymentsInvoice Fraud Strikes Amazon In $19M Scam
In a case that highlights how anybody — truly, anybody — can be a victim of...
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B2B PaymentsDeepfakes Threaten To Become The New BEC Scam
The business email compromise (BEC) scam continues to rear its ugly head at the...
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B2B PaymentsHow B2B Payments Fraud Hides Within The Enterprise
When it comes to B2B payments fraud, it's not a matter of if it...
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Security & FraudFinCEN Warns Of COVID Scams Targeting FIs, Consumers
The Financial Crimes Enforcement Network (FinCEN) issued a press release warning financial institutions (FIs)...
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BitcoinBitcoin Daily: FBI Says Nigerian BEC Scam Netted Millions With...
Two Nigerian scammers known for allegedly defrauding American companies for tens of millions of...
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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 Scammers Embrace Coronavirus Opportunity
Fraud was all over the headlines this past week, with top stories related to...
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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 PaymentsEmail Fraudsters Take Advantage Of Coronavirus Opportunity
Even in times of global crisis, fraudsters will always look for ways to exploit...
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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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B2B PaymentsShark Tank Star Out $400K In Invoice Fraud Scam
Invoice fraud scams continue to target businesses of all sizes and industries, with experts...
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B2B PaymentsTax Season Adds Extra Fraud Weight For SMBs
Tax season is upon U.S. small businesses, and fraudsters are taking advantage. In a...
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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 PaymentsHow Big Tech Brands Make Businesses An Even Bigger Phishing...
New data was released this week with an urgent, albeit not necessarily unexpected, message:...
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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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B2B PaymentsCorporates Brace For BEC Scam Ramp-Up
Cybersecurity experts are warning that the next year, and beyond, will continue to present...
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B2B PaymentsB2B Fraudsters Find New Twists In Old Scam Favorites
Fraud never sleeps, and the corporate finance department cannot afford to stay behind on...
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B2B PaymentsFBI, BBB Sound Another Business Email Compromise Alarm
Three Kenya-based online scammers are reportedly headed to sentencing after allegedly stealing $3 million...
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B2B PaymentsSMBs Severely Underestimate Data Breach Costs
It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some...
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Security & FraudEmail B2B Scams Cost $26B Over Last Three Years
Email often gets overlooked in the 2019 digital economy, given the higher levels of...
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B2B PaymentsToyota Unit Loses $37M To Vendor Payment Fraud
A subsidiary of automaker Toyota has lost millions of dollars thanks to a vendor...
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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 & FraudReport: BEC Fraud Increasingly Goes Mobile
The wiles and ways of scammers to part businesses from their money continue to...
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B2B PaymentsSEC Urges Corporate Accounting Changes Amid Rising BEC Scam Threat
As U.S. public companies brace for wide-ranging changes to accounting standards, the U.S. Securities...
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Security & FraudSEC Warns Cos To Prioritize Cybersecurity
The U.S. Securities and Exchange Commission (SEC) has issued a stern warning to public...
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B2B PaymentsEasy Pickings For BEC Criminals?
The age of business email compromise (BEC) is upon us. And for the scammers, it’s...
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B2B PaymentsIn Payments Fraud, Impersonation Gets Personal
In the U.K., it’s well known that late payments bedevil firms – but what...
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Security & FraudPhishing Scam Masquerades As Square To Target Businesses
A phishing scam making the rounds and targeting businesses is using the Square name...
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B2B PaymentsBusiness Email Scam Losses Now Top $12 Billion
The U.S. Federal Bureau of Investigation released a public service announcement this week warning...
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B2B PaymentsTreasurers Overconfident On Cyber Defenses
With a threefold increase in the number of corporates who had been hit by...
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B2B PaymentsHow Fake News Drives Corporates To Redirect Their Security Strategies
Researchers estimate U.S. eCommerce companies lost $6.7 billion due to fraud in 2016, and...
- B2B Payments
IBM Uncovers Business Email Scam Targeting Fortune 500 Firms
IBM is warning Fortune 500 companies of a widespread business email compromise (BEC) scam....
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B2B PaymentsUK Watchdog Wants Banks To Change Push Payments Fraud Strategy
U.K. consumer watchdog Which? is calling for better protections against push payment scams, according...
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SMBsSMBs Have Payment Fraud Blind Spot
Small- and medium-sized businesses (SMBs) are in the dark when it comes to the...
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B2B PaymentsFBI Cyber Head Reinforces Need For Action On Corporate Security
Small and medium-sized business (SMB) cybersecurity must be paramount for both the small businesses themselves...
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B2B PaymentsCyber Grinch Steals Nearly $600K From Dublin Zoo
The business email compromise continues its reign as a top cyber threat for the...
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B2B PaymentsUS Judge Sentences Man For $25M Supplier Invoice Scam
A U.S. judge has sentenced a Nigerian man to three years and five months...
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B2B PaymentsBusiness Email Scam Not Covered By Cyber Insurance, Canadian Court...
The Business Email Compromise (BEC) scam is jeopardizing millions of dollars for businesses of...
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B2B PaymentsBusiness Email Scams' Latest Target: Art Galleries
Scammers deploying the Business Email Compromise (BEC) scam have proven no company, regardless of...
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B2B PaymentsBusiness Email Scammers Finding Success With UK Firms
The U.S. isn’t the only place where business email scams are threatening the enterprise....
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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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B2B PaymentsTD Survey Finds Business Email Scams Continue Their Reign
The business email compromise continues its reign as most common corporate cyberattack, according to...
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B2B PaymentsMalware Hits Businesses Under Guise Of PowerPoint Presentation
Another round of malware is hitting corporate computers, media in the U.K. said Monday...
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B2B PaymentsHuman Error To Blame For Much Of Corporate Finance Scam,...
The bad news keeps on coming for businesses facing cyberattacks. The FBI released new data...
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Security & FraudFBI Says There Was An Uptick In Cyber Wire Fraud...
Cyber wire fraud via email had increased during the last seven months of last...
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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...
