News about the latest CEO fraud attacks. See how the bad guys actually do this and how much money companies lose to this type of scam.
We have all seen them. Fake news articles that get passed off as legit sources. Misleading memes. Entertaining videos that swap people’s faces. But what if these deception techniques were ...
While deepfake video gets most of the attention on social media, it’s deepfake audio that is quickly becoming the cybercriminal’s tools of choice for committing fraud.
Rudy Friederich, a KnowBe4 friend at Marshal Security LLC sent me the following interesting tips related to finding out if you are the victim of Business Email Compromise. He wrote:
Zak Doffman, contributor at Forbes reported: "There is a cyberattack epidemic hitting businesses around the world, targeting individuals responsible for requesting fund transfers or ...
FBI's Internet Crime Complaint Center (IC3) says that Business Email Compromise (BEC) scams —aka CEO Fraud—are continuing to grow every year, with a 100% increase in the identified global ...
CEO Fraud—also known as Business Email Compromise—related cyber-insurance claims accounted for nearly a quarter of all claims in the EMEA region, AIG said.
Overtaking wire transfers and payroll diversion, gift cards have taken a material lead as one of the easiest and least recoverable ways to cash out of a fraud scam.
Business email compromise (or CEO fraud) has its reconnaissance phase, too. Researchers at Agari say they’ve found that blank, unsolicited emails are often an early sign that a BEC gang ...
The latest data from the U.S. government’s Financial Crimes Enforcement Network (FinCEN) shows fraud via business email is changing tactics and becoming more effective.
Two B.C. law firms were targets of so-called social engineering frauds causing almost $2 million in real estate and investment funds to be wired to people other than clients the firms ...
Amil Hassan Raage has taken a guilty plea to charges of fraud in a business email compromise (aka CEO fraud) case that netted him and his criminal co-conspirators almost three-quarters of ...
The Australian Cyber Security Centre (ACSC) has warned that multiple Australian IT suppliers have permanently closed their doors after falling victim to procurement scams, CRN reports. ...
The UK’s Solicitors Regulation Authority (SRA) has warned of another email scam that impersonated a real law firm in order to hijack a real estate transaction, according to Martin Parrin ...
Business Email Compromise—also known as CEO Fraud—scammers are now targeting a company's customers using a new indirect attack method designed to collect information on future scam ...
New data compiled by the Financial Crimes Enforcement Network (FinCEN) shows that illegal transactions linked to business email compromise (BEC)—aka CEO Fraud— scams averaged $300 million ...
Social engineering attacks using impersonation tactics increased by 67% over the past twelve months, according to Mimecast’s annual State of Email Security report. Mimecast surveyed more ...
Cybercriminals are improving their social engineering skills to target online retailers with sophisticated business email compromise (BEC) scams, according to Rafael Lourenco at ...
Despite the massive uptick in just about every cybercrime category, good old-fashioned fraud via email phishing and social engineering dominate as the threat to be most concerned about.
GEORGETOWN, Ky. (WKYT) - Scott County Schools has announced the district is a victim of a multi-million dollar online CEO fraud scam.
The treasurer of the city of Ottawa, Marian Simulik, fell for a business email compromise (BEC) scam and sent $100,000 to a scammer, the city’s auditor general revealed this week. Simulik ...
