Employees certainly need more training to be able to detect a business email compromise (BEC) when they see one. What makes this so difficult, some analysts say, is that when an employee is directed by a seemingly legitimate C-Suite executive at their company to initiate...
Australia-based SME accounting company MYOB has reportedly been affected by a malware scam involving fraudulent invoices. The scam sees attackers using the MYOB name to send malware and fraudulent invoices — the second time such an attack has impacted the company in 2017. Rmail security company...
If you want to catch a thief, follow the money. In B2B payments, that money is moving into the digital realm, meaning cyberthieves are, too. With these criminals using electronic paths to steel corporate cash, the age-old scam of fraudulently posing as a supplier seeking...
The Federal Trade Commission has scored a victory in an effort to combat an alleged small business scamming ring. An announcement by the agency on Tuesday (Dec. 29) said the FTC’s request to halt and freeze assets of an operation was granted by a federal court....
September 01, 2015
The B2B invoice scam could be headed for your inbox. According to the Federal Bureau of Investigation, the instances of B2B invoice scamming are on the increase, with a 270 percent spike in the crimes since last January. In response, the FBI released a public service announcement late last week warning businesses of the scam, also […]
