BEC fraud
Scammer Spoofs a City Supplier, Steals $1.5 Million From Baltimore
A scammer that spoofed a city supplier convinced employees in the City of Baltimore's Accounts Payable Department to send two EFT payments totaling more than $1.5 million to a bank account they ...
BEC Frauds – The Missing Link – Your Friendly Neighborhood Bank
Until regulators, courts and litigants begin to hold receiving banks accountable, BEC fraud will remain practically immune from deterrence ...
Business Email Compromise Fraud: Social Engineering News
Business Email Compromise (BEC), a type of phishing fraud, consistently tops the FBIs list of most financially damaging online crimes. […] ...
We Infiltrated a Counterfeit Check Ring! Now What?
Imagine waking up each morning knowing the identities of thousands of people who are about to be mugged for thousands of dollars each. You know exactly when and where each of those ...
Are You Vulnerable to BEC Fraud?
In the security realm, the $64,000 question for many is, “Am I or is my company vulnerable to BEC fraud?” While that’s the money question, perhaps first question should be, “What is ...
