supplier fraud

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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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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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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The Invoice Lands In The Corporate Cyber Fraud Spotlight
The Invoice Lands In The Corporate Cyber Fraud Spotlight
July 27, 2020  |  B2B Payments

Although there are countless ways a cybercriminal can swindle funds from a company — either from the outside or within — it’s often the invoice...

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BEC Scammers Embrace Coronavirus Opportunity
BEC Scammers Embrace Coronavirus Opportunity
April 13, 2020  |  B2B Payments

Fraud was all over the headlines this past week, with top stories related to Travelex’s ransomware payment, Luckin Coffee’s internal accounting fraud investigation, and new...

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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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The B2B Payments Fraud Threat Of Internal Employees
The B2B Payments Fraud Threat Of Internal Employees
January 13, 2020  |  B2B Payments

It was a difficult week for businesses getting hit with cyberattacks, with foreign currency company Travelex among the most high-profile of recent cases. The currency...

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Blank Checks And PO Manipulation Cost Businesses Millions
Blank Checks And PO Manipulation Cost Businesses Millions
November 04, 2019  |  B2B Payments

This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. Invoice and purchase order manipulation,...

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Toyota Unit Loses $37M To Vendor Payment Fraud
Toyota Unit Loses $37M To Vendor Payment Fraud
September 10, 2019  |  B2B Payments

A subsidiary of automaker Toyota has lost millions of dollars thanks to a vendor payment scam, according to SC Media UK reports. The publication said...

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