Texas School District Loses $2.3 Million In BEC Scam

Texas’s Manor Independent School District was the victim of a costly 2.3 million dollar Business Email Compromise (BEC) scam in November of 2019.

Business Email Compromise Attack Uses a “Man-in-the-Middle” Email Attack to Steal $1M

Dubbed the “ultimate” Man-in-the-Middle attack by security researchers at Checkpoint, this CEO fraud attack shows how brazen cybercriminals can be – and how organizations need to be ...

[On-Demand Webinar] Business Email Compromise During Tax Season: Spotting and Defending Against Common BEC Tax Scams

Tax season is upon us, which makes this prime time for hackers to target your unsuspecting users with the latest Business Email Compromise (BEC) scams. From evolved W2 fraud to ...

Financial Advisor Fined After Falling for BEC Scam

The Financial Industry Regulatory Authority (FINRA) fined and temporarily suspended a financial advisor working for UBS after he was tricked into transferring $511,870 from a client’s ...

Big Bad BEC

A Chinese venture capital firm was scammed out of $1 million in a noteworthy BEC (Business Email Compromise, or CEO fraud) scam, CyberScoop reports. The million dollars was supposed to be ...

Business Email Compromise Topples Over $26 Billion in Losses

This lucrative business of tricking companies into fraudulently transferring funds into cybercriminal-owned bank accounts is showing signs of growing. Scammers use many forms of attack to ...

It's Happening The World Over: $300K Lost To Phone Scammer

A woman in Singapore lost $300,000 to a scammer posing as a Singtel customer service employee, according to the Straits Times. The scammer told the victim he would fix some problems with ...

IT Budgets Are on the Rise in Part Due to Organizational Concerns for Security

Security remains a primary driver as organizations work to establish budgets that keep IT cutting edge, competitive, and secure, according to new data from Spiceworks.

Your CEO's Email May Be Hacked And You Don't Even Know It

Hackers focused on CEO fraud (or Business Email Compromise - BEC) attacks often go to great lengths to hide the fact they have access to your CEO’s mailbox as part of a larger scam.

Here Is A New Term For Your Cybercrime Glossary: Vendor Email Compromise (VEC)

Agari’s latest Email Fraud & Identity Deception Trends report highlights the growing threat of vendor email compromise (VEC), according to SecurityWeek. This is a variety of business ...