Source: consumer.ftc.gov
A new report has revealed that invoice fraud cost U.K. businesses £93 million ($122.8M USD) last year. But despite the losses, more than four in...
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...
In the UK, invoice scams are still gaining traction, and significantly so among smaller firms, according to Barclays. Elsewhere, in North America, finds another study,...
As small businesses (SMBs) heighten their awareness of fraud and cybercrime, fraudsters add to their own lists of tactics to steal money. Recent years have...
Enron may be hazy in the minds of some, but former CEO Jeffrey Skilling's release from jail and federal custody shows that payments fraud is...
BEC makes inroads, now through attempted direct deposits into employee bank accounts, and where state employees in Mississippi are among those being targeted. Elsewhere, an MP...
Amazon and the city of New York managed to pull off one of history’s more spectacular break-ups this week, with the Valentine’s Day announcement that...
Even Bank Secrecy Act officials are in the crosshairs of scammers, according to news of recent email “phishing” campaigns. Separately, the saga over the alleged...
Cyberattacks are a massive problem for organizations today, and the threat is only growing larger. IBM data said the average cost of a data breach...