Sections
Business Email Compromise
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1.6KB2B PaymentsSurprise: The C-Suite Falls For Invoice Scams The Most
Employees certainly need more training to be able to detect a business email compromise (BEC) when they see one. What makes this...
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2.1KB2B PaymentsTD Survey Finds Business Email Scams Continue Their Reign
The business email compromise continues its reign as most common corporate cyberattack, according to a new report from TD Bank. The FI...
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2.5KB2B PaymentsMalware Hits Businesses Under Guise Of PowerPoint Presentation
Another round of malware is hitting corporate computers, media in the U.K. said Monday (June 5), with attackers disguising the malicious attack...
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4.8KB2B PaymentsHuman Error To Blame For Much Of Corporate Finance Scam, Says Verizon
The bad news keeps on coming for businesses facing cyberattacks. The FBI released new data last week warning businesses that the business email...
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5.5KSecurity & FraudFBI Says There Was An Uptick In Cyber Wire Fraud In 2016
Cyber wire fraud via email had increased during the last seven months of last year, according to a new warning from the...
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3.4KSecurity & FraudGoogle And Facebook Scammed Out Of $100M
It doesn’t matter where or who you are. Phishing attacks can happen to even the most vigilant among us. This point was...
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3.7KToday In DataToday In Data: B2B Payments Fraud
Fraud can happen on a multitude of levels in nearly any part of the economy. In the Association for Financial Professionals‘ 2017 Payments...
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3.3KB2B PaymentsBreaking Down The Data Behind Record Levels Of B2B Payments Fraud
The Association for Financial Professionals (AFP) came out with some scary statistics this month: B2B payments fraud is not only on the rise,...
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5.8KB2B PaymentsCorporate Payments Fraud Hits Record Levels
More companies than ever before fell victim to payments fraud last year, according to new data. Research from the Association for Financial Professionals (AFP),...
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1.4KDaily Data DivePYMNTS’ Daily Data Dive: Email Hacker Takes $100M
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...
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17.8KB2B PaymentsDoJ Charges Man With $100M Business Email Scam
The U.S. Department of Justice (DoJ) announced plans to charge a man allegedly responsible for a $100 million business email compromise scam....
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2.0KSecurity & FraudRansomware Rises 752% in 2016, Trend Micro Says
Trend Micro released its annual security roundup report, “2016 Security Roundup: A Record Year for Enterprise Threats,” which showed that ransomware cyber...
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4.2KB2B PaymentsGoogle’s Latest Enterprise Cybersecurity Warning
Security experts are practically begging corporates to get serious with cybersecurity. Research released only days ago from Centrify found that two-thirds of...
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4.9KB2B PaymentsPrivate Sector, Health Care, Government All Face Data Security Risks
This week’s data digest is all about, well, data. The latest report from the Identity Theft Resource Center (ITRC) and CyberScout finds...
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14.7KB2B PaymentsPaper Checks, Email Fraud Top Enterprise Security Threats
Bank heists and data breaches saw no shortage in 2016, and corporates large and small could no longer avoid the risk of...
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7.9KB2B PaymentsINTERPOL Makes Arrest In $60M Business Email Scam Ring
According to the Federal Bureau of Investigation, cyberscams attacking businesses, known as the Business Email Compromise, has led to $3.1 billion in...
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3.9KB2B PaymentsFBI Pinpoints ‘Ground Zero’ For Supplier Email Scams
The Federal Bureau of Investigation has been targeting the Business Email Compromise for years, warning companies to be aware of fake supplier emails and...
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4.8KB2B PaymentsePayments Fall Short In B2B Payments Protection
Besides the efficiency and cash savings associated with automated processes, businesses that choose to stay connected to paper are missing out on...
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B2B Payments
Security Startup Grabs $22M To Safeguard Corporate Email
The Business Email Compromise is now a top concern for the enterprise and security providers alike, especially since regulators have released warnings against...
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1.4KB2B PaymentsFBI Sounds New Alarm Over Supplier Invoice Scams
The B2B invoice scam could be headed for your inbox. According to the Federal Bureau of Investigation, the instances of B2B invoice...
