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Email Scammers Are Targeting B2B Firms In Today’s Work-From-Home Era

PYMNTS

told PYMNTS that the FBI has found email fraud already costs businesses and individuals $3.5 We have seen phishing attacks surge since the pandemic started,” Reichel said. Phishing scams continue to proliferate in the number of attacks and dollar value of losses.”. Ransomware And Malware. Spear Phishing.

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91.1% of Organisations Impacted by AI-Enhanced Phishing Attacks, Acronis Reports

The Fintech Times

In fact, it found that AI-enhanced phishing affected 91.1 ” Acronis also reveals that while the number of new groups and ransomware variants is decreasing, the most renowned families of the attack vector are still causing companies across the globe to lose data and money. The post 91.1%

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Malware Hits Banks By Mimicking Video Conferencing App

PYMNTS

Disguising itself as a commonly used video conferencing tool, Vizom spreads through phishing campaigns. Treasury Office of Terrorism and Financial Intelligence issued an alert about the surge in ransomware attacks. Ransomware attacks jumped 37 percent last year, with losses up 46 percent, according to FBI statistics.

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KnowBe4 Phishing Tool Looks To Take Down CEO Fraud

PYMNTS

KnowBe4 , a security awareness training and simulated phishing platform provider, launched a new tool designed to help IT managers combat CEO fraud, or Business Email Compromise (BEC) as it is referred to by the FBI. The phishing tool uses simulated attacks to test users and tracks how they reply.

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The Big Spike In ‘CEO Fraud’

PYMNTS

All in, the FBI’s Internet Crime Complaint Center (IC3) received a total of 467,361 complaints, with reported losses exceeding $3.5 Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year.

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Criminals Reverting to Old-School Tactics with New Twists, Visa’s State of Scams Report Shows

Fintech Finance

Government impersonation scams: Consumers are falling victim to scams where fraudsters pose as representatives from the government, including agencies like the USPS, the FBI and the IRS. Ransomware: More sophisticated ransomware attacks are affecting more companies and individuals.

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FBI Sets Sights On Payroll Fraud Scheme

PYMNTS

To that end, the the Internet Crime Complaint Center (IC3), a hub to bring complaints to the Federal Bureau of Investigation (FBI), is eyeing payroll fraud. The methods those bad actors use — and which have been documented in this space — include phishing attempts to gain access to individuals’ credentials. Across The Pond.

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