PYMNTS

APRIL 21, 2020

Business email compromise (BEC), B2B phishing scams, synthetic identities, fake accounts and trillions of aid dollars flooding out at a time of maximum uncertainty make this a fraudster’s paradise.

Scams 63

Scams Automation Phishing Email Compromise 63

PYMNTS

JANUARY 27, 2020

The Business Email Compromise (BEC) continues to evolve. Researchers warned that the rise of faster payments — which gives banks a much shorter window in which to identify and mediate fraud — is placing new pressure on financial institutions to embrace more identity authentication technologies.

Business Email Compromise 71

Business Email Compromise Scams Ransomware Real Time Payments 71

PYMNTS

MARCH 1, 2017

Most recently, the tech giant presented new research at the cybersecurity gathering of the RSA Conference, held earlier this month, highlighting just how vulnerable corporate inboxes are to phishing scams. Spam, Google wrote in a Security Blog post , is certainly the most common cyberattack to hit an email inbox.

Cybersecurity 48

Cybersecurity Phishing Email Compromise Breach 48

PYMNTS

MAY 12, 2017

. …………… Here are other top cybersecurity stories that made headlines this past week: One Million Gmail Users Affected By Google Docs Phishing Scam. percent of total users) were affected by an email phishing scam. Strong identity authentication measures are only as strong as the network they live on.

Business Email Compromise 51

Business Email Compromise Phishing ATM FBI 51

PYMNTS

FEBRUARY 20, 2019

Citing 2018 data from Verizon, Mastercard noted research that suggested the majority of cyberattacks are actually targeted at SMBs, ranging from phishing scams and the Business Email Compromise (BEC) to malware and ransomware attacks. In a press release on Tuesday (Feb.

Cybersecurity 56

Cybersecurity Visa Data Breach Small Business 56

PYMNTS

APRIL 2, 2019

Spend control isn’t easy — just ask Google and Facebook, which confirmed in 2017 they were among the corporate victims of a widespread phishing attack that tricked businesses into paying fake invoices. The scam wasn’t a one-off job, either. However, it’s not uncommon for firms to lack these internal controls.

Email Compromise 59

Email Compromise Scams Phishing Correspondent 59

PYMNTS

JULY 26, 2017

Phishing, ransomware, business email compromises, data theft and denial-of-service tactics can be especially harmful to FIs, and not only threaten the bank, but put the FI’s entire supply chain at risk, too.

OCC 46

OCC Office of the Comptroller of the Currency Money Laundering Non-Bank 46

CB Insights

JULY 23, 2020

Biometrics — which measure a person’s physical characteristics, such as fingerprints or voice patterns — are often more secure than other authentication options, more convenient for customers, and more cost-effective for businesses. The company offers behavioral authentication and threat detection solutions for mobile and web applications.

Posting 101

Posting Cybersecurity Returns Online and Mobile Banking 101