Business Email Compromise news and trends

91% of Mid-Sized Firms Plan to Expand AP Automation to Combat Fraud
Fraud Prevention // January 15, 2025

As cybercriminals target more businesses, accounts payable (AP) departments are more vulnerable to fraud. With more than 80% of U.S. companies affected by sophisticated digital payment fraud, the need for reliable security systems is crucial. While digital transformation has brought many benefits, outdated payment systems...

BEC and Phishing Attacks Surge, Exploiting New Domain Names
Cybersecurity // December 06, 2024

Technology begets opportunity, for both successful companies and fraudsters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

FBI Alerts Companies About Fraudulent Emergency Data Requests
Cybersecurity // November 11, 2024

The FBI is alerting companies that cybercriminals are using compromised U.S. and foreign government email addresses to send fraudulent emergency data requests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Securing the Cyber Perimeter Starts With Safeguarding Corporate Emails
Cybersecurity // November 01, 2024

Corporate email accounts are among the most exploitable entry points for scammers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Interviews & Exclusives
B2B Payments Get Their AI Moment

June 25, 2025
Watch more: Secret AI Agents Could Redefine Nearly Every B2B Payments Touchpoint Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

91% of Mid-Sized Firms Plan to Expand AP Automation to Combat Fraud

January 15, 2025
As cybercriminals target more businesses, accounts payable (AP) departments are more vulnerable to fraud. With more than 80% of U.S. companies affected by sophisticated digital payment fraud, the need for...

BEC and Phishing Attacks Surge, Exploiting New Domain Names

December 06, 2024
Technology begets opportunity, for both successful companies and fraudsters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

As Fraud Rates Rise, Businesses’ Worst Threat May Be in Their Inboxes

April 26, 2023
Despite the increasingly sophisticated weapons fraudsters have on hand to execute their scams, business email compromise (BEC) attacks remain one of their most effective ploys. The FBI estimates U.S. businesses lost...

Quick Reads
FBI Alerts Companies About Fraudulent Emergency Data Requests

November 11, 2024
The FBI is alerting companies that cybercriminals are using compromised U.S. and foreign government email addresses to send fraudulent emergency data requests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By […]

BEC Scam Takes $15M In Widespread Attack

October 01, 2020
Mitiga is working with law enforcement after uncovering a widespread business email compromise (BEC) scam that has netted more than $15 million. Get the Full Story Complete the form to...

FinCEN Warns Of COVID Scams Targeting FIs, Consumers

August 02, 2020
The Financial Crimes Enforcement Network (FinCEN) issued a press release warning financial institutions (FIs) and consumers about pandemic-related scams, including some connected to cryptocurrency. Get the Full Story Complete the...

Bitcoin Daily: FBI Says Nigerian BEC Scam Netted Millions With Some Converted To Bitcoin

July 13, 2020
Two Nigerian scammers known for allegedly defrauding American companies for tens of millions of dollars that they transferred into bitcoin were extradited to the U.S. from Dubai, Cointelegraph reported. Get...