Email Compromise FBI Third Party Vendors 
PYMNTS
OCTOBER 7, 2019
An FBI inquiry into the allegations is centered upon claims of fraudulent spend within SEPTA and misuse of the authority’s procurement cards — a common source of internal fraud for both private and public entities. “VEC is the next evolution of business email compromise. A New Twist On the BEC Scam.
CB Insights
JULY 23, 2020
” Instances of intrusion were so frequent that the FBI issued a warning about the phenomenon. However, as an unprecedented portion of the workforce has been relegated to working from home, IT teams have faced new challenges, from less than optimal at-home network security to more targeted business email compromise schemes.
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