Add Yahoo as a preferred source to see more of our stories on Google. Nine members of a multi-state money laundering operation were indicted by the U.S. Department of Justice in Nashville in November; ...
HELENA - Law enforcement is warning of a rise in business e-mail compromise (BEC) schemes after a local was recently targeted, resulting in a loss of tens of thousands of dollars. The FBI and the ...
Business email compromise (BEC) scams are online payment fraud that targets businesses and can result in significant financial loss. BEC involves gaining unauthorized access to a legitimate email, ...
A Luxembourg-based chemicals and manufacturing company has recently suffered one of the largest-ever business email compromise (BEC) attacks. According to a filing to the U.S. Securities and Exchanges ...
With our lives so intertwined with digital communication these days, the threat of email fraud is something we all need to take seriously. Recently, Teresa W. shared a scary experience that ...
A Singaporean commodity firm has had a narrow escape after police managed to intervene to recover nearly all of the $42.3m lost to fraudsters in a business email compromise (BEC) scam. Interpol ...
Despite years of claims that the “death of email” is fast approaching, the decades-old communication method continues to thrive in business. In particular, the business of hacking. An email containing ...
Lila Kee is the General Manager for GlobalSign’s North and South American operations, as well as the company's Chief Product Officer. More than ever, organizations are paying greater attention to ...
Business email compromise (BEC) threats are on the rise and now account for over half of all phishing attempts, with manufacturers particularly badly hit, according to Vipre Security Group. The ...
Among nearly two million targets in a $450 million Business Email Compromise (BEC) scamming operation are a Premier league football team, a U.S. lawyer and an international bank, SC Magazine reveals.
Apart from all the potential threats surrounding artificial intelligence, this emerging technology can help defenders formulate effective policies and controls to prevent and mitigate business email ...
Business email compromise (BEC) scams are not going away anytime soon. For such a relatively low-tech type of financial fraud, it has proved to be a high-yield and lucrative enterprise for scammers.