Researchers estimate U.S. eCommerce companies lost $6.7 billion due to fraud in 2016, and a significant portion of that stems from chargeback...
IBM is warning Fortune 500 companies of a widespread business email compromise (BEC) scam. The technology company’s X-Force Incident Response and Intelligence...
U.K. consumer watchdog Which? is calling for better protections against push payment scams, according to reports. A press release by Which? issued...
Small- and medium-sized businesses (SMBs) are in the dark when it comes to the impact payments fraud can have on their company,...
Small and medium-sized business (SMB) cybersecurity must be paramount for both the small businesses themselves and the Federal Bureau of Investigation (FBI), the...
The business email compromise continues its reign as a top cyber threat for the enterprise, and no business or industry is safe....
A U.S. judge has sentenced a Nigerian man to three years and five months in prison for his role in a business...
The Business Email Compromise (BEC) scam is jeopardizing millions of dollars for businesses of all sizes and industries. Just last week, news reports...
Scammers deploying the Business Email Compromise (BEC) scam have proven no company, regardless of size and industry, is immune to this crime....
The U.S. isn’t the only place where business email scams are threatening the enterprise. New research from RSM, which provides consulting services...
Employees certainly need more training to be able to detect a business email compromise (BEC) when they see one. What makes this...
The business email compromise continues its reign as most common corporate cyberattack, according to a new report from TD Bank. The FI...
Another round of malware is hitting corporate computers, media in the U.K. said Monday (June 5), with attackers disguising the malicious attack...
The bad news keeps on coming for businesses facing cyberattacks. The FBI released new data last week warning businesses that the business email...
Cyber wire fraud via email had increased during the last seven months of last year, according to a new warning from the...
It doesn’t matter where or who you are. Phishing attacks can happen to even the most vigilant among us. This point was...
Fraud can happen on a multitude of levels in nearly any part of the economy. In the Association for Financial Professionals‘ 2017 Payments...
The Association for Financial Professionals (AFP) came out with some scary statistics this month: B2B payments fraud is not only on the rise,...
More companies than ever before fell victim to payments fraud last year, according to new data. Research from the Association for Financial Professionals (AFP),...
It’s hard to hide any wrongdoings in today’s tech-infused world. Everything is recorded, timestamped, photographed and filed into the wonderful arena of...
The U.S. Department of Justice (DoJ) announced plans to charge a man allegedly responsible for a $100 million business email compromise scam....
Trend Micro released its annual security roundup report, “2016 Security Roundup: A Record Year for Enterprise Threats,” which showed that ransomware cyber...
Security experts are practically begging corporates to get serious with cybersecurity. Research released only days ago from Centrify found that two-thirds of...
This week’s data digest is all about, well, data. The latest report from the Identity Theft Resource Center (ITRC) and CyberScout finds...
Bank heists and data breaches saw no shortage in 2016, and corporates large and small could no longer avoid the risk of...
According to the Federal Bureau of Investigation, cyberscams attacking businesses, known as the Business Email Compromise, has led to $3.1 billion in...
The Federal Bureau of Investigation has been targeting the Business Email Compromise for years, warning companies to be aware of fake supplier emails and...
Besides the efficiency and cash savings associated with automated processes, businesses that choose to stay connected to paper are missing out on...
The Business Email Compromise is now a top concern for the enterprise and security providers alike, especially since regulators have released warnings against...
The B2B invoice scam could be headed for your inbox. According to the Federal Bureau of Investigation, the instances of B2B invoice...