Business Email Compromise

Shark Tank Star Out $400K In Invoice Fraud Scam
Shark Tank Star Out $400K In Invoice Fraud Scam
February 27, 2020  |  B2B Payments

Invoice fraud scams continue to target businesses of all sizes and industries, with experts warning of a major spike in various iterations of business email...

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Tax Season Adds Extra Fraud Weight For SMBs
Tax Season Adds Extra Fraud Weight For SMBs
February 24, 2020  |  B2B Payments

Tax season is upon U.S. small businesses, and fraudsters are taking advantage. In a new report from Proofpoint, researchers warned that any businesses with the...

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The Big Spike In ‘CEO Fraud’
The Big Spike In ‘CEO Fraud’
February 12, 2020  |  Security & Fraud

According to the 2019 edition of the FBI’s Internet Crime Report, last year was both a lucrative and diverse year for cybercriminals and scammers. All in, the...

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How Big Tech Brands Make Businesses An Even Bigger Phishing Target
How Big Tech Brands Make Businesses An Even Bigger Phishing Target
February 11, 2020  |  B2B Payments

New data was released this week with an urgent, albeit not necessarily unexpected, message: ransomware and other phishing attacks continue to dramatically spike, with more...

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Anomali Identifies Scam To Steal Gov’t Procurement Site Credentials
Anomali Identifies Scam To Steal Gov’t Procurement Site Credentials
December 17, 2019  |  B2B Payments

An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The targets are procurement websites...

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Corporates Brace For BEC Scam Ramp-Up
Corporates Brace For BEC Scam Ramp-Up
November 18, 2019  |  B2B Payments

Cybersecurity experts are warning that the next year, and beyond, will continue to present an elevated threat level to businesses at risk of payments fraud...

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B2B Fraudsters Find New Twists In Old Scam Favorites
B2B Fraudsters Find New Twists In Old Scam Favorites
October 07, 2019  |  B2B Payments

Fraud never sleeps, and the corporate finance department cannot afford to stay behind on the ever-changing strategies of fraudsters. This week’s B2B Fraud Tracker looks...

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FBI, BBB Sound Another Business Email Compromise Alarm
FBI, BBB Sound Another Business Email Compromise Alarm
September 30, 2019  |  B2B Payments

Three Kenya-based online scammers are reportedly headed to sentencing after allegedly stealing $3 million from U.S. companies via the Business Email Compromise scam, reports in...

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SMBs Severely Underestimate Data Breach Costs
SMBs Severely Underestimate Data Breach Costs
September 23, 2019  |  B2B Payments

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Stronger...

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