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

Phishing Scams Target SMBs Seeking COVID Aid
Phishing Scams Target SMBs Seeking COVID Aid
April 24, 2020  |  Security & Fraud

The COVID-19 pandemic, like other disasters, has created a playground for cybercriminals. BleepingComputer.com reports that the Coronavirus Aid, Relief and Economic Security (CARES) Act has triggered the latest...

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DOJ Warns Against COVID-19-Related Scams
DOJ Warns Against COVID-19-Related Scams
April 22, 2020  |  Security & Fraud

A cooperative effort between police and businesses has shut down hundreds of websites established to exploit the coronavirus pandemic, according to the U.S Department of...

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Ripple Files Lawsuit Against YouTube For Not Removing Crypto Scams Fast Enough
Ripple Files Lawsuit Against YouTube For Not Removing Crypto Scams Fast Enough
April 21, 2020  |  Legal

Ripple announced on Tuesday (April 21) that it is filing a lawsuit against YouTube, alleging that the popular video platform isn’t doing its due diligence...

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AP Automation Combats COVID Scams
AP Automation Combats COVID Scams
April 21, 2020  |  Security & Fraud

COVID-19 has afforded internet villains what will certainly go down as the greatest cybertheft opportunity of their shadowy lifetimes. Business email compromise (BEC), B2B phishing...

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FTC Reports Over 18K Fraud Reports Linked To Pandemic
FTC Reports Over 18K Fraud Reports Linked To Pandemic
April 15, 2020  |  Security & Fraud

According to the FTC, there have been 18,235 reports of fraudulent activity or fraud attempts related to the coronavirus since Jan. 1. In total, people...

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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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Why PPP Will Be A Pivot Point For The Future Of Digital Security
Why PPP Will Be A Pivot Point For The Future Of Digital Security
April 13, 2020  |  Security & Fraud

Small businesses are hurting, which has been reflected in record unemployment numbers, the near-total shutdown of mainstream businesses and in PYMNTS data revealing that as...

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BEC Tops Fraud Attempts Against Treasurers: Survey
BEC Tops Fraud Attempts Against Treasurers: Survey
April 07, 2020  |  B2B Payments

The 2020 Association for Financial Professionals (AFP) Payments Fraud and Control Survey underwritten by JPMorgan found that business email compromise (BEC) was the most noted...

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With BEC Scams, Wire Payments Aren’t The Problem
With BEC Scams, Wire Payments Aren’t The Problem
April 06, 2020  |  B2B Payments

While troubling times can showcase humanity’s resiliency, they can also bring out the worst in people. Case in point: Federal watchdogs continue to sound alarms...

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