Business Email Compromise, Compromise and Monetary Loss

Fraudsters Try New Spins On The BEC Scam

PYMNTS

JANUARY 27, 2020

The Business Email Compromise (BEC) continues to evolve. New analysis from Bank Info Security , for instance, revealed that BEC scammers have begun to target corporates’ financial documents from accounts receivable departments to identify unpaid invoices, as well as information regarding Days Sales Outstanding and clients.

Business Email Compromise

Business Email Compromise Scams Ransomware Real Time Payments

The Big Spike In ‘CEO Fraud’

PYMNTS

FEBRUARY 12, 2020

As for the areas where scammers managed the biggest hits, business email compromise (BEC), confidence/romance fraud and spoofing were the top three types of crime in terms of monetary losses. billion (or slightly over half) of all losses tracked in 2019.

Business Email Compromise

Business Email Compromise FBI Email Compromise Scams

Payments Space

Fraudsters Try New Spins On The BEC Scam

The Big Spike In ‘CEO Fraud’

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