Internet crime: The continuing rise of the BEC scam
Through its website, the FBI’s Internet Crime Complaint Center (IC3) accepts complaints about Internet-facilitated criminal activity, and forwards them to the …
fraud
Most corporate finance leaders expect to change fraud-fighting strategies
Today’s senior finance executives are battling record levels of fraud, in turn narrowing corporate focus and limiting resources that could otherwise be devoted to …
Dark web fraud guides reveal potential threats to orgs
An in-depth look at content from more than 1,000 fraud guides available for sale on the dark web revealed that the majority of these guides are useless. Still, as many as 20 …
Who’s responsible for fixing SS7 security issues?
The WannaCry ransomware onslaught has overshadowed some of the other notable happenings this month, including the spectacular Google-themed phishing/spamming attack, and the …
Why businesses should care about identity theft
Identity theft is a type of fraud that’s directed squarely against individuals, but to believe that businesses don’t suffer any consequences or costs associated …
How fraudsters stole millions with the help of a legitimate online tool
Identity thieves have managed to steal $30 million from the US Internal Revenue Service by taking advantage of an online tool designed to help students fill out financial aid …
Most organizations were victims of business email compromise in 2016
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 …
Online fraudsters’ preferred tools and techniques revealed
A new report by DataVisor Threat Labs has provided unprecedented insight into the behaviors and attack techniques of some of the world’s largest online crime rings, and …
The time to fortify your organization against CNP fraud is now
When it comes to EMV (Europay, MasterCard and Visa) security chip adoption, the United States is the clear laggard. According to EMVCo, only 7.2% of “card present” …
Scammers are blending W-2 phishing with wire fraud
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 …
