Business Email Compromise

Spike in Remote Workers Raises Odds of Hacks and Scams for Businesses
Spike in Remote Workers Raises Odds of Hacks and Scams for Businesses
November 03, 2021  |  Security & Fraud

It’s a sad but simple truth: The move to remote work has increased the opportunity for fraud. Employees are more likely to make significant, serious...

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In B2B Payments Fraud, All Roads Lead Back To The Invoice
In B2B Payments Fraud, All Roads Lead Back To The Invoice
August 09, 2021  |  B2B Payments

There is more than one way to commit B2B payments fraud. But in this week’s B2B Data Digest, a roundup of the latest cases reveals...

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The B2B Fraud Lens Focuses In On Invoice Scams
The B2B Fraud Lens Focuses In On Invoice Scams
July 26, 2021  |  B2B Payments

Business email compromises (BEC) are among the most common methods of B2B payments fraud and can frequently involve invoice manipulation when a cyber attacker or...

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US, Canadian Authorities Save Company From $750K BEC Scam
US, Canadian Authorities Save Company From $750K BEC Scam
July 15, 2021  |  B2B Payments

An unnamed U.S. company was saved from losing approximately $750,000 after the Canadian Anti-Fraud Centre (CAFC) shared a tip about a potential business email compromise...

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Prolific Ransomware Attack Raises SMBs’ Security Concerns
Prolific Ransomware Attack Raises SMBs’ Security Concerns
July 12, 2021  |  B2B Payments

Business email compromise (BEC) scams continue to wreak havoc on businesses’ B2B payment workflows, but this week’s B2B Data Digest finds ransomware has once again...

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US DOJ Continues Its Business Email Compromise Battle
US DOJ Continues Its Business Email Compromise Battle
June 28, 2021  |  B2B Payments

The Business Email Compromise continues its dramatic attack on businesses’ B2B payment workflows in this week’s B2B Data Digest. With the U.S. Justice Department reporting...

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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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A Proactive Strategy To The Existential Crisis Of An SMB Cyberattack
A Proactive Strategy To The Existential Crisis Of An SMB Cyberattack
June 10, 2021  |  B2B Payments

News that the U.S. government recovered more than $2 million from ransomware attackers whose victim, Colonial Pipeline, paid the ransom sparked conversations yet again about...

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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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