Business Email Compromise

COVID-19 Scams Target The Business Community
COVID-19 Scams Target The Business Community
January 18, 2021  |  B2B Payments

With a second Paycheck Protection Program (PPP) on the way, small businesses have yet another chance to secure much-needed financial relief. But new concerns are...

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Brexit Raises The Stakes For B2B Payments Fraud
Brexit Raises The Stakes For B2B Payments Fraud
December 28, 2020  |  B2B Payments

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. In a recent announcement, Nacha said that a...

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Australia, New Zealand Take A Hard BEC Scam Hit
Australia, New Zealand Take A Hard BEC Scam Hit
November 30, 2020  |  B2B Payments

While the business email compromise (BEC) scam is a global pain point for businesses, this week’s B2B Data Digest looks at the latest figures in...

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B2B Scammers Wield The Power Of The Invoice
B2B Scammers Wield The Power Of The Invoice
October 26, 2020  |  B2B Payments

When invoices are generated manually, there are plenty of opportunities for billing to go awry. This week’s look at the latest in B2B payments fraud...

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BEC Scam Takes $15M In Widespread Attack
BEC Scam Takes $15M In Widespread Attack
October 01, 2020  |  Security & Fraud

Mitiga is working with law enforcement after uncovering a widespread business email compromise (BEC) scam that has netted more than $15 million. A Medium post...

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How AP Teams Can Protect Independent Contractor Payouts From Fraud
How AP Teams Can Protect Independent Contractor Payouts From Fraud
September 01, 2020  |  CFO

For language-services providers, working with a wide network of translators isn't without its challenges. Invoices too often get duplicated and take a bite out of...

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Invoice Fraud Strikes Amazon In $19M Scam
Invoice Fraud Strikes Amazon In $19M Scam
August 24, 2020  |  B2B Payments

In a case that highlights how anybody — truly, anybody — can be a victim of invoice fraud, federal officials have reportedly charged two brothers in New...

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Deepfakes Threaten To Become The New BEC Scam
Deepfakes Threaten To Become The New BEC Scam
August 24, 2020  |  B2B Payments

The business email compromise (BEC) scam continues to rear its ugly head at the enterprise, with the global pandemic creating even more avenues through which...

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How B2B Payments Fraud Hides Within The Enterprise
How B2B Payments Fraud Hides Within The Enterprise
August 03, 2020  |  B2B Payments

When it comes to B2B payments fraud, it’s not a matter of if it happens, but when. Speaking with Karen Webster in a recent interview,...

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