The age of business email compromise (BEC) is upon us. And for the scammers, it’s not all that hard to do the scamming. The methods have...
In the U.K., it’s well known that late payments bedevil firms – but what of payments fraud? Impersonation fraud, also known as business email compromise...
A phishing scam making the rounds and targeting businesses is using the Square name to fool its targets. Reports in the Victoria Advocate said scammers are...
The U.S. Federal Bureau of Investigation released a public service announcement this week warning that business email compromise (BEC) scams are on the rise. The...
With a threefold increase in the number of corporates who had been hit by a ransomware attack in the last year compared to a year...
Researchers estimate U.S. eCommerce companies lost $6.7 billion due to fraud in 2016, and a significant portion of that stems from chargeback fraud. According to...
IBM is warning Fortune 500 companies of a widespread business email compromise (BEC) scam. The technology company’s X-Force Incident Response and Intelligence Services published a...
U.K. consumer watchdog Which? is calling for better protections against push payment scams, according to reports. A press release by Which? issued Monday (Feb. 19)...
Small- and medium-sized businesses (SMBs) are in the dark when it comes to the impact payments fraud can have on their company, a new report...