BEC scams

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 …