BEC scams

With over 1,200 breaches and over 3.4 billion records exposed, 2017 is already on pace to be yet another “worst year on record” for data breach activity, according to Risk …

Just as it is the default tool for most businesses, email’s capacity for rapid, mass communication has made it a favourite instrument of criminals. As a result, malicious …

Nearly three quarters of corporate treasury and finance professionals said their companies were victims of payments fraud last year, according to the Association for Financial …

Criminal charges were announced against Evaldas Rimasauskas for orchestrating a fraudulent business email compromise (BEC) scheme that induced two U.S.-based Internet …

While there is still not an actual underground marketplace, cybercrime is pervasive in the West African region. Specifically, scamming operations. The peculiarities of the …

During last year’s run-up to the US Tax Day, scammers mercilessly targeted companies’ payroll and human resources professionals, tricking them into handing over …

The upcoming year will include an increased breadth and depth of attacks, with malicious threat actors differentiating their tactics to capitalize on the changing technology …

The image that the expression “Nigerian scammer” conjures up in most people’s heads is still that of the confidence man behind the keyboard, convincing …

The head of an international criminal network behind thousands of online frauds has been arrested in a joint operation by INTERPOL and the Nigerian Economic and Financial …

Ransomware attacks hitting businesses and institutions might be the latest trend, but they are just one of the threats these organizations have to protect themselves against. …

Once again, the FBI has issued a warning about business email compromise scams. Their numbers say there has been a 270 percent increase in identified victims and exposed loss …