Business Email Compromise

Human Error To Blame For Much Of Corporate Finance Scam, Says Verizon
Human Error To Blame For Much Of Corporate Finance Scam, Says Verizon
May 09, 2017  |  B2B Payments

The bad news keeps on coming for businesses facing cyberattacks. The FBI released new data last week warning businesses that the business email compromise scam has...

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FBI Says There Was An Uptick In Cyber Wire Fraud In 2016
FBI Says There Was An Uptick In Cyber Wire Fraud In 2016
May 08, 2017  |  Security & Fraud

Cyber wire fraud via email had increased during the last seven months of last year, according to a new warning from the Federal Bureau of...

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Google And Facebook Scammed Out Of $100M
Google And Facebook Scammed Out Of $100M
May 01, 2017  |  Security & Fraud

It doesn’t matter where or who you are. Phishing attacks can happen to even the most vigilant among us. This point was driven home recently...

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Today In Data: B2B Payments Fraud
Today In Data: B2B Payments Fraud
April 14, 2017  |  Today In Data

Fraud can happen on a multitude of levels in nearly any part of the economy. In the Association for Financial Professionals‘ 2017 Payments Fraud Survey, the...

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Breaking Down The Data Behind Record Levels Of B2B Payments Fraud
Breaking Down The Data Behind Record Levels Of B2B Payments Fraud
April 14, 2017  |  B2B Payments

The Association for Financial Professionals (AFP) came out with some scary statistics this month: B2B payments fraud is not only on the rise, but at its...

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Corporate Payments Fraud Hits Record Levels
Corporate Payments Fraud Hits Record Levels
April 05, 2017  |  B2B Payments

More companies than ever before fell victim to payments fraud last year, according to new data. Research from the Association for Financial Professionals (AFP), outlined in its...

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PYMNTS’ Daily Data Dive: Email Hacker Takes $100M
PYMNTS’ Daily Data Dive: Email Hacker Takes $100M
March 27, 2017  |  Daily Data Dive

It’s hard to hide any wrongdoings in today’s tech-infused world. Everything is recorded, timestamped, photographed and filed into the wonderful arena of the Internet. The...

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DoJ Charges Man With $100M Business Email Scam
DoJ Charges Man With $100M Business Email Scam
March 27, 2017  |  B2B Payments

The U.S. Department of Justice (DoJ) announced plans to charge a man allegedly responsible for a $100 million business email compromise scam. Recent reports said...

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Ransomware Rises 752% in 2016, Trend Micro Says
Ransomware Rises 752% in 2016, Trend Micro Says
March 01, 2017  |  Security & Fraud

Trend Micro released its annual security roundup report, “2016 Security Roundup: A Record Year for Enterprise Threats,” which showed that ransomware cyber threats hit an...

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