Email Compromise, Monetary Loss and Ransomware

Fraudsters Try New Spins On The BEC Scam

PYMNTS

JANUARY 27, 2020

The Business Email Compromise (BEC) continues to evolve. Separate analysis from Singapore warned that monetary losses associated with BEC scams that specifically instruct targeted employees to send gift card redemption details are on the rise, too. The city was hit with the ransomware attack on Dec.

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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