Nine members of a multi-state money laundering operation were indicted by the U.S. Department of Justice in Nashville in November; four were residents of Murfreesboro, Tennessee. They were charged ...
Fortra has uncovered a prolific BEC group dubbed “Scripted Sparrow” spanning three continents and at least five countries ...
As part of Operation Sentinel, authorities in Africa dismantled major BEC, ransomware, and other cyber-fraud networks.
Fraudsters will take advantage of any opportunity to steal your money, personal information, or both. Right now, they are using the uncertainty surrounding the COVID-19 pandemic to further their ...
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, ...
Business Email Compromise/Email Account Compromise (BEC/EAC) is a sophisticated scam that targets both businesses and individuals who perform legitimate transfer-of-funds requests. The scam is ...
Email remains central to the operations of many organizations in 2023, yet despite decades of efforts to help improve security, challenges remain. While many organizations rely on the native security ...
Payment fraud is an increasing and ever-evolving threat, impacting businesses of all sizes. According to the FBI's 2024 Internet Crime Report, business email compromise (BEC) scams led to reported ...
The FBI's Internet Crime Complaint Center (IC3) reports business email compromise (BEC) and email account compromise (EAC) attacks caused $5.3 billion in exposed loss for global and domestic companies ...