PYMNTS

AUGUST 8, 2018

Business Email Compromise scams continue to grow and steal more corporate money than ever before. Phishing emails — 93 percent of which include ransomware, according to ITProPortal — should by no means be ignored. ProofPoint’s report does not underestimate the strength of ransomware attacks via phishing.

Ransomware 44

Ransomware Phishing Email Compromise Online and Mobile Banking 44

PYMNTS

MARCH 10, 2017

Earlier this year, the Treasury Inspector General for Tax Administration reported that there was a reduction in the number of fraudulent tax returns identified between 2013 and 2015. On the other hand, around that same time the IRS released data showing that phishing and malware incidents in the 2016 tax season increased by 400 percent.

IRS 57

IRS Phishing Tax Refunds Returns 57

PYMNTS

MAY 30, 2018

Bloomberg , citing court proceedings, reported that Baratov was charged with computer fraud and is one of four people slapped with charges last year for a hacker scam that was tied to Russia’s FSB security agency. In October Yahoo announced that it now believes a 2013 security breach exposed all 3 billion of its users at the time.

Identity Theft 44

Identity Theft Breach Phishing Scams 44

PYMNTS

MAY 2, 2017

In other news of note from the Facebook space, it recently came to light that the social media giant, along with Google, were the heretofore unnamed victims of a combined $100 million phishing attack earlier this year. Additionally, research from Trend Micro found $1 billion total losses worldwide in 2016 due to BEC scams.

Business Email Compromise 43

Business Email Compromise Email Compromise Scams Phishing 43

PYMNTS

JULY 25, 2019

Banking customers are affected by attacks ranging from phishing schemes to identity scams, and it is still up to FIs to provide accurate and real-time protection regardless of where their customers are located. N26 was founded in 2013, launched in 2015 and now serves 3.5 N26 officially entered the U.S. It is growing its U.S.

Online and Mobile Banking 65

Online and Mobile Banking Data Breach Breach Phishing 65

PYMNTS

AUGUST 17, 2018

Based on a scan of some recent headlines, business email scams and fake invoices seem to be among the preferred methods of attacking companies and raiding their coffers. The mechanics of the scam may seem familiar to readers of this space. 1 of 2013 and the end of March 2018. In one example, news.com.au

B2B 40

B2B Scams Breach Data Breach 40

PYMNTS

DECEMBER 7, 2018

The BBC reports that beloved JK Rowling – she of “Harry Potter” fame and fortune – has been at the center of a credit card scam. The scope of the scam comes courtesy of cyber threat detection firm Agari, which has said the group, London Blue, seeks to ply its trade through the business email compromise (BEC) effort. purchase price.

Scams 68

Scams Credit Cards Email Compromise Business Email Compromise 68

CB Insights

JUNE 17, 2020

Despite the rising popularity of virtual workout options — most prominently embodied by Peloton — boutique brick-and-mortar fitness was in a period of rapid growth prior to the crisis, with memberships growing over 120% from 2013 to 2017, according to Bloomberg.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101