phishing

Phishing is the fraudulent attempt to obtain sensitive information or data, such as usernames, passwords and credit card details, by disguising oneself as a trustworthy entity in an electronic communication.
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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Study: Financial Pressure Makes CFOs Prone To Fraud
Study: Financial Pressure Makes CFOs Prone To Fraud
February 20, 2020  |  B2B Payments

A recent academic study found that company CFOs are less likely to admit to fraud when they’re facing pressure to meet certain financial goals, according...

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Puerto Rico Falls Prey To $4M Online Fraud
Puerto Rico Falls Prey To $4M Online Fraud
February 14, 2020  |  Security & Fraud

An online scam targeted $4 million in retirement funds from at least four Puerto Rico agencies, according to reports on Thursday (Feb. 14).  Authorities have...

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How Greyhound Bus Makes Fraudsters Play Fare
How Greyhound Bus Makes Fraudsters Play Fare
February 14, 2020  |  Fraud Prevention

The fraud prevention race is the same as it has always been, with merchants and security companies sprinting to stay ahead of cybercriminals to keep...

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PR Gov’t Loses $2.6M Due To Email Phishing
PR Gov’t Loses $2.6M Due To Email Phishing
February 13, 2020  |  Security & Fraud

The government of Puerto Rico lost $2.6 million after it was the victim of an email phishing scam, according to the AP. Rubén Rivera, finance director...

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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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FBI: 50 Pct Of Cybercrime Targets B2B Payments
FBI: 50 Pct Of Cybercrime Targets B2B Payments
February 12, 2020  |  B2B Payments

Business email compromise (BEC) scams are squeezing more money than ever out of victims, and accounted for more than half of all losses from cyberattacks...

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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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Mark Cuban Among Professionals Who Have Faced AP Fraud
Mark Cuban Among Professionals Who Have Faced AP Fraud
February 10, 2020  |  B2B Payments

From payroll to accounts payable (AP), B2B payments fraud continues to threaten organizations of all sizes, industries and geographies. It’s a risk to which no...

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