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Tag: Business email compromise

BEC Fraudsters Expand to Snatch Real-World Goods in Commodities Twist

Cyber Security
Some cybercriminals are flipping their playbook on business email compromise (BEC) scams and, rather than posing as vendors seeking payment, are now posing as...

Microsoft Outlook Vulnerability Could Be 2023’s ‘It’ Bug

Cyber Security
Microsoft recently patched a zero-day vulnerability under active exploit in Microsoft Outlook, identified as CVE-2023-23397, which could enable an attacker to perform a privilege...

SVB’s collapse is a scammer’s dream: Don’t get caught out

Cyber Security
How cybercriminals can exploit Silicon Valley Bank’s downfall for their own ends – and at your expense Big news events and major...

Americans lost a record $10.3 billion to online scammers in 2022, FBI says

Startups
Americans lost $10.3 billion to a wide range of internet scams in 2020, the Federal Bureau of Investigation (FBI) said in its report released...

Trust:Live 2023: Evolving digital identity, intelligence and innovation

Payments
This week, LexisNexis® Risk Solutions and Finextra Research held Trust:Live 2023, the exclusive in-person event for all fraud and identity decision makers focusing...

5 signs you’ve fallen for a scam – and what to do next

Cyber Security
Here’s how to know you have fallen victim to a scam – and what to do in order to undo or mitigate the...

Pig Butchering & Investment Scams: The $3B Cybercrime Threat Overtaking BEC

Cyber Security
Pig butchering is a repulsively named, rising investment scam that uses a potent mix of the promise of romance and the lure of making...

Cyber-threat detections hit a record-breaking 146 billion in 2022

Supply Chain & Logistics
Trend Micro Incorporated has announced a massive 55% increase in overall threat detections in 2022 and a 242% surge in blocked malicious files, as...

Writing like a boss with ChatGPT and how to get better at spotting phishing scams

Cyber Security
It’s never been easier to write a convincing message that can trick you into handing over your money or personal data ChatGPT...

Google Translate Helps BEC Groups Scam Companies in Any Language

Cyber Security
Business email compromise (BEC) attacks involve impersonating an executive or business partner in order to convince a corporate target to wire large sums of...

Confident cybersecurity means fewer headaches for SMBs

Cyber Security
Small and medium-sized businesses have good reason to be concerned about the loss of data and financial impacts While tech advancements have...

Rising ‘Firebrick Ostrich’ BEC Group Launches Industrial-Scale Cyberattacks

Cyber Security
Business email compromise (BEC) has become one of the most popular methods of financially motivated hacking. And over the past year, one group in...
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