Business Email Compromise

Prolific Ransomware Attack Raises SMBs’ Security Concerns
Prolific Ransomware Attack Raises SMBs’ Security Concerns
July 12, 2021  |  B2B Payments

Business email compromise (BEC) scams continue to wreak havoc on businesses’ B2B payment workflows, but this week’s B2B Data Digest finds ransomware has once again...

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US DOJ Continues Its Business Email Compromise Battle
US DOJ Continues Its Business Email Compromise Battle
June 28, 2021  |  B2B Payments

The Business Email Compromise continues its dramatic attack on businesses’ B2B payment workflows in this week’s B2B Data Digest. With the U.S. Justice Department reporting...

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Cyberattacks, Internal Fraud Overwhelm Businesses With Massive Losses
Cyberattacks, Internal Fraud Overwhelm Businesses With Massive Losses
June 14, 2021  |  B2B Payments

B2B fraud and cybersecurity technology are surging as cyber threats ramp up against the enterprise and as multimillion-dollar hauls from cybercriminals make headlines. Just this...

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A Proactive Strategy To The Existential Crisis Of An SMB Cyberattack
A Proactive Strategy To The Existential Crisis Of An SMB Cyberattack
June 10, 2021  |  B2B Payments

News that the U.S. government recovered more than $2 million from ransomware attackers whose victim, Colonial Pipeline, paid the ransom sparked conversations yet again about...

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Keeping Pace With The Evolution Of Business Email Compromise
Keeping Pace With The Evolution Of Business Email Compromise
May 03, 2021  |  Security & Fraud

Business email compromise (BEC) is an ever-evolving beast that threatens organizations of all types and sizes around the globe. But companies are not entirely defenseless...

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Deep Dive: How Firms Can Reduce The Risk Of Authorized Payment Attacks
Deep Dive: How Firms Can Reduce The Risk Of Authorized Payment Attacks
April 30, 2021  |  Fraud Prevention

Cash flow is king for companies of all sizes, but businesses must strategize to keep fraudsters from stealing the crown. Bad actors are employing a...

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PPP Remains A Favorite Target Of Fraudsters
PPP Remains A Favorite Target Of Fraudsters
April 12, 2021  |  B2B Payments

Fraudsters have discovered yet another way to infiltrate the Paycheck Protection Program (PPP), and the business email compromise (BEC) continues to reign as the biggest...

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Payroll Diversion, Supply Chain Crime Raise B2B Payment Fraud Alerts
Payroll Diversion, Supply Chain Crime Raise B2B Payment Fraud Alerts
March 15, 2021  |  B2B Payments

Criminals are creative, and when it comes to corporate payments, there are a plethora of ways scammers can infiltrate a transaction workflow to steal not...

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How Banks And AP Departments Share The Burden Of Fighting Fraud
How Banks And AP Departments Share The Burden Of Fighting Fraud
March 01, 2021  |  B2B Payments

Fraud alarms continue to sound louder as the coronavirus crisis presses on. For corporates, the threat has evolved in a variety of ways, from attackers...

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