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Find here all the latest articles, news, and research on Business Email Compromise and other Business Email Compromise-related topics:

Find here all the latest articles, news, and research on Business Email Compromise and other Business Email Compromise-related topics:

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Found 8 results in 515 milliseconds.

Cosmic Lynx responsible for more than 200 BEC attacks against corporations

News | Digital Identity, Security & Online Fraud | 08 Jul 2020

Cosmic Lynx, a new group believed to be from the Russian cybercriminal space, has been responsible for more than 200 BEC attacks since July 2019, according to Agari researchers.

Cosmic Lynx, Russia, BEC, cybercrime, cybercriminals, business email compromise, return on investment, social engineering attacks, BEC attacks, FBI IC3 report, Fortune 500, Global 2000

GlobeX Data to protect against coronavirus-related BEC scams

News | Digital Identity, Security & Online Fraud | 24 Apr 2020

Switzerland-based cybersecurity service provider GlobeX Data has announced that it is planning to launch a new service against BEC (Business Email Compromise) attacks. 

GlobeX Data, coronavirus, BEC, business email compromise, cybersecurity service provider, COVID-19, Switzerland, WFH, home internet security, cyberattacks, Association for Financial Professionals, payment fraud

GIACT: Business Email Compromise, still a growing threat

News | Digital Identity, Security & Online Fraud | 24 Mar 2020

Business Email Compromise (BEC) has become an increasingly sophisticated and elusive fraud tactic, according to a new report from GIACT.

business email compromise, BEC, social engineering, malware, fraud detection, account takeover, survey

BEC scammers steal USD 29 million from media company Nikkei

News | Digital Identity, Security & Online Fraud | 04 Nov 2019

Nikkei has lost USD 29 million dollars after an employee of the Nikkei America subsidiary was tricked by scammers to send the funds to a bank account they controlled.

Nikkei, BEC, fraud prevention, business email compromise, Email Account Compromise, CEO fraud, CEO impersonation

Business Email Compromise attacks still on the rise

News | Digital Identity, Security & Online Fraud | 08 Oct 2019

The latest Email Security Risk Assessment (ESRA) from Mimecast (MIME) has found that there is a significant increase in Business Email Compromise (BEC) attacks.

fraud prevention, online security, email security, Mimecast, business email compromise, BEC, malware, spam

Toyota Boshoku Subsidiary loses over USD 37 million in BEC fraud

News | Digital Identity, Security & Online Fraud | 10 Sep 2019

One of Toyota`s European subsidiary has lost over USD 37 million following a business email compromise (BEC) attack.

BEC fraud, business email compromise, CEO fraud, online security, transfers, Toyota, Europe, fraud prevention

FBIs annual security report shows cyber-enabled costs rose in 2018

News | Digital Identity, Security & Online Fraud | 29 Apr 2019

The statistics gathered by the FBI’s Internet Crime Complaint Center (IC3) revealed that Internet-enabled theft was responsible for over USD 2.7 billion in financial losses in 2018.

business email compromise, confidence fraud, cybercrime, FBI, US, fraud prevention, online security

82 percent of organizations reported payment fraud incidents in 2018

News | Digital Identity, Security & Online Fraud | 11 Apr 2019

An AFP research has revealed that a record 82% of organizations reported payment fraud incidents in 2018.

JP Morgan, survey, report, AFP, payment fraud, business email compromise