Business Email Compromise

FBI Cyber Head Reinforces Need For Action On Corporate Security
FBI Cyber Head Reinforces Need For Action On Corporate Security
February 01, 2018  |  B2B Payments

Small and medium-sized business (SMB) cybersecurity must be paramount for both the small businesses themselves and the Federal Bureau of Investigation (FBI), the latter’s Deputy Assistant...

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Cyber Grinch Steals Nearly $600K From Dublin Zoo
Cyber Grinch Steals Nearly $600K From Dublin Zoo
December 27, 2017  |  B2B Payments

The business email compromise continues its reign as a top cyber threat for the enterprise, and no business or industry is safe. Case in point:...

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US Judge Sentences Man For $25M Supplier Invoice Scam
US Judge Sentences Man For $25M Supplier Invoice Scam
December 18, 2017  |  B2B Payments

A U.S. judge has sentenced a Nigerian man to three years and five months in prison for his role in a business email compromise scam....

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Business Email Scam Not Covered By Cyber Insurance, Canadian Court Rules
Business Email Scam Not Covered By Cyber Insurance, Canadian Court Rules
November 07, 2017  |  B2B Payments

The Business Email Compromise (BEC) scam is jeopardizing millions of dollars for businesses of all sizes and industries. Just last week, news reports surfaced that business...

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Business Email Scams’ Latest Target: Art Galleries
Business Email Scams’ Latest Target: Art Galleries
November 06, 2017  |  B2B Payments

Scammers deploying the Business Email Compromise (BEC) scam have proven no company, regardless of size and industry, is immune to this crime. Reports in The...

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Business Email Scammers Finding Success With UK Firms
Business Email Scammers Finding Success With UK Firms
October 03, 2017  |  B2B Payments

The U.S. isn’t the only place where business email scams are threatening the enterprise. New research from RSM, which provides consulting services to middle-market firms,...

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Surprise: The C-Suite Falls For Invoice Scams The Most
Surprise: The C-Suite Falls For Invoice Scams The Most
September 14, 2017  |  B2B Payments

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...

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TD Survey Finds Business Email Scams Continue Their Reign
TD Survey Finds Business Email Scams Continue Their Reign
June 13, 2017  |  B2B Payments

The business email compromise continues its reign as most common corporate cyberattack, according to a new report from  TD Bank. The FI surveyed financial professionals...

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Malware Hits Businesses Under Guise Of PowerPoint Presentation
Malware Hits Businesses Under Guise Of PowerPoint Presentation
June 06, 2017  |  B2B Payments

Another round of malware is hitting corporate computers, media in the U.K. said Monday (June 5), with attackers disguising the malicious attack as a Microsoft...

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