The “return” of fraudulent wire transfers

Ransomware gangs targeting businesses are currently getting more public attention, but scammers trying to trick employees into performing fraudulent wire transfers are once …

Your supplier’s BEC problem is your BEC problem

Business email compromise (BEC) scams are a burgeoning threat for organizations and, despite rising awareness, new victims are cropping up daily. BEC scammers don’t care …

Phishing attacks at highest level in three years

The number of phishing attacks continued to rise into the autumn of 2019, according to APWG. The total number of phishing sites detected in July through September 2019 was …

Nikkei hit by BEC scammers, loses $29 million

Japanese media company Nikkei Inc. is the latest organization to be fleeced by BEC scammers, to the tune of $29 million. What happened? The company confirmed last week that, …