Email Scam news and trends

Porn Email Scam Nets Scammers Almost $1M In Bitcoin
Security & Fraud // May 15, 2019

There’s an email scam going around that involves scammers claiming to have webcam footage of people watching porn, with threats to release the info if not paid a hefty ransom in bitcoin, according to a report by Fortune. Oren Falkowitz, who heads an anti-phishing company...

Study: BEC Attacks On Financial Service Firms Up 60 Pct
B2B Payments // May 03, 2019

Proofpoint finds in a new study that BEC scams have financial service firms in the crosshairs, with attacks on that sector up 60 percent at the end of last year. Separately, Nissan’s Ghosn allegedly charged millions in questionable expenses to his former firm, while NASA...

New Wire Fraud Scam Reroutes Direct Deposit Paychecks
Security & Fraud // April 09, 2019

A new type of phishing scam targets the HR departments of companies and asks for reroutes on direct deposit accounts, CNBC reported. Once the changes are made, a paycheck will go directly into a criminal’s account. KVC Health Systems, a child welfare nonprofit based out...

Study Sees BEC Scams Gaining Ground
B2B Payments // January 18, 2019

New year, and perhaps new fears for executives as fraudsters look to siphon off payrolls of unsuspecting firms via email scams, according to research from Agari. Other studies show that expense audits are only done sporadically, with the implication that much fraud goes unnoticed.

Quick Reads
Small Businesses Increasingly Targeted by BEC Scams and Other Internet Crimes 

December 16, 2022
Criminals are using BEC scams against small businesses to steal hundred-thousand-dollar food shipments.  They are spoofing emails and domains to impersonate employees at real firms, according to a joint Cybersecurity Advisory (CSA) issued Thursday (Dec. 15) by the Federal Bureau of Investigation (FBI), the Food and Drug Administration Office of Criminal Investigations (FDA OCI) and the U.S. […]

Porn Email Scam Nets Scammers Almost $1M In Bitcoin

May 15, 2019
There’s an email scam going around that involves scammers claiming to have webcam footage of people watching porn, with threats to release the info if not paid a hefty ransom...

New Wire Fraud Scam Reroutes Direct Deposit Paychecks

April 09, 2019
A new type of phishing scam targets the HR departments of companies and asks for reroutes on direct deposit accounts, CNBC reported. Once the changes are made, a paycheck will...

Goldman Sachs And Citi Group Fall Victim To Email Prankster

June 13, 2017
Some of the highest-placed executives of the biggest banks on Wall Street fell prey to an email scam that had also snared some heavy financial hitters across the pond, including...