Remove Business Email Compromise Remove FBI Remove Third Party Vendors
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B2B Fraudsters Find New Twists In Old Scam Favorites

PYMNTS

This week’s B2B Fraud Tracker looks at the latest cases and allegations of fraud, which show rising sophistication in fraudsters’ tactics: internal bad actors are no longer acting alone, BEC scams are no longer reliant on chance and financial institutions face a growing trend in loan fraud. A New Twist On the BEC Scam.

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Reopening: The Tech-Enabled Office In A Post-Covid World

CB Insights

” Instances of intrusion were so frequent that the FBI issued a warning about the phenomenon. Business email compromise (BEC), where attackers impersonate a corporate email address to fraudulently redirect funds, continues to be one of the most common forms of cyberattacks and takes on several forms. Source: NPR via Twitter.

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