scams

Spot and avoid scams and unfair, deceptive, and fraudulent business practices with tips from the FTC, America's consumer protection agency. Learn about recent scams and how to recognize the warning signs.

Source: consumer.ftc.gov

Bringing Clarity To The Messy World Of Corporate Ransomware
Bringing Clarity To The Messy World Of Corporate Ransomware
May 12, 2021  |  B2B Payments

Ransomware is, yet again, snatching up headlines, with one of the U.S.’ largest pipelines, operated by Colonial Pipeline, the latest victim of cyberattacks. Before that,...

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FBI Identifies Suspects In Colonial Pipeline Hack
FBI Identifies Suspects In Colonial Pipeline Hack
May 10, 2021  |  Cybersecurity

The FBI said it has identified the hackers who shut down the East Coast’s main gas and diesel pipeline last week as a group from...

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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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How Fostering A Culture Of Fraud Awareness Alongside Automated Tools Can Help Businesses Beat BEC Scams
How Fostering A Culture Of Fraud Awareness Alongside Automated Tools Can Help Businesses Beat BEC...
April 29, 2021  |  Fraud Prevention

Fraudsters have found a new twist on an old favorite — business email compromise scams. In the inaugural Preventing Financial Crimes Playbook, Jeff Taylor, senior...

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Report: Automation Protects Business Payments From Email Compromise
Report: Automation Protects Business Payments From Email Compromise
April 28, 2021  |  Fraud Prevention

Companies worldwide are still attempting to reconfigure their typical operations and payment processes to keep up with the shifts caused by the pandemic. This includes...

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Internal B2B Payment Fraudsters Wreak Havoc On Businesses
Internal B2B Payment Fraudsters Wreak Havoc On Businesses
April 19, 2021  |  B2B Payments

The business email compromise (BEC) scam remains a massive threat to companies. But sometimes, the biggest fraud risk can be found within the enterprise. This...

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The Number One Threat To Global Finance? Cyber Attacks
The Number One Threat To Global Finance? Cyber Attacks
April 13, 2021  |  Cybersecurity

Cyberattacks are the greatest threat to the world’s financial system, Federal Reserve Chairman Jerome Powell said in an interview with CBS News this week. Speaking...

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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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How Merchants Fight Fire With Fire When Facing AI-Equipped Fraudsters
How Merchants Fight Fire With Fire When Facing AI-Equipped Fraudsters
April 12, 2021  |  Fraud Prevention

Digital fraud has been a steadily growing problem over the past several years, but the pandemic has made it impossible to ignore. Bad actors have...

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