BEC

Report: Email Variants Keep BEC Fraud Humming Along
Report: Email Variants Keep BEC Fraud Humming Along
July 01, 2019  |  Security & Fraud

In payments fraud, it pays — literally — to change up the game a bit. As noted in a report by FireEye, the bad guys...

READ MORE >
‘Scattered Canary’ BEC Scams Aim At US Firms
‘Scattered Canary’ BEC Scams Aim At US Firms
June 10, 2019  |  B2B Payments

From a one-man shop committing check fraud on Craigslist to a sophisticated multi-fraudster committing BEC scams, the rise of Scattered Canary has been startling. Elsewhere, in...

READ MORE >
Study: BEC Attacks On Financial Service Firms Up 60 Pct
Study: BEC Attacks On Financial Service Firms Up 60 Pct
May 03, 2019  |  B2B Payments

Proofpoint finds in a new study that BEC scams have financial service firms in the crosshairs, with attacks on that sector up 60 percent at...

READ MORE >
Singapore Police Prevent Bitcoin Machine Scam
Singapore Police Prevent Bitcoin Machine Scam
April 28, 2019  |  Security & Fraud

Police in Singapore helped stop a scam that was targeting users of bitcoin machines at a local mall. The police have been investigating bitcoin machines...

READ MORE >
FBI: BEC Scams Stole $1.2B In 2018
FBI: BEC Scams Stole $1.2B In 2018
April 26, 2019  |  B2B Payments

BEC scams are proving lucrative, according to recent FBI reports, which found that the bad guys’ haul doubled in 2018 over 2017. Separately, in Ireland, students...

READ MORE >
BEC Fraudsters Eye HR Departments As Prey      
BEC Fraudsters Eye HR Departments As Prey      
April 12, 2019  |  B2B Payments

Fraudsters are always evolving and now are training BEC scams to focus on HR and finance departments.  Separately ACH debit and ACH credit fraud are...

READ MORE >
Ex-FBI On The Onion Approach To Battling Cyber Criminals
Ex-FBI On The Onion Approach To Battling Cyber Criminals
April 05, 2019  |  Security & Fraud

When it comes to combating payments fraud, it helps to have insight from one who’s been in the trenches. Stacy Arruda, a former special agent...

READ MORE >
Report: BEC Fraud Increasingly Goes Mobile
Report: BEC Fraud Increasingly Goes Mobile
March 21, 2019  |  Security & Fraud

The wiles and ways of scammers to part businesses from their money continue to proliferate, and continue to use technology as a springboard to trick...

READ MORE >
NCR Expands Hospitality Reach With BEC Buy
NCR Expands Hospitality Reach With BEC Buy
February 24, 2019  |  Partnerships / Acquisitions

NCR announced late last week the acquisition of BEC, a provider of hospitality point-of-sale (POS) technology based in Denver. In a press release, NCR said the acquisition complements...

READ MORE >