Credential Email Compromise Irrevocability 
PYMNTS
JUNE 3, 2020
Real-time payments, he said, “increase the attack surface” for fraudsters and are attractive for two reasons: speed and the fact that the payments are irrevocable. Authorized fraud also encompasses business email compromise (BEC) scams, too, said Tharle.
FICO
APRIL 29, 2022
Increasingly, the scams involve cryptocurrencies; The New York Times also recently investigating crypto romance scams in which victims are lured into paying criminals with fraudulent, and irrevocable, transfers into digital wallets. ACH volumes in the United States increased 8.7% in 2021, with P2P transactions up nearly 25%, to 271.2
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