T he U.S. Attorney’s Office recently seized about $3.5 million that was stolen through a scam called “Business Email Compromise” (BEC). This scam tricked a business into sending millions of ...

Victims above the age of 60 lost $2 billion to the fake business emails and $1 billion from the tech scam, according to ...

The good news, at least by the numbers, is that the 63% experiencing business email compromise fraud in 2024 is flat with 2023 and down from 71% in 2022 and 68% in 2021. It peaked in 2018 at 80% in ...

A federal jury convicted two men accused of defrauding the city of Memphis out of nearly $800,000. Stanley Anyanwu, 41, and ...

Email remains one of the most vital tools for business communication to build a successful business today. However, as ...

Business email compromise (BEC) is a type of spear phishing scam where the attacker impersonates or compromises an executive’s email account to manipulate the target into unknowingly disclosing ...

Financial fraud remains the leading driver of cyber insurance claims, with 83% of cases traced back to email-based attacks.

Business email compromise schemes “earn” cybercriminals billions of dollars a year. Suleman Lazarus explains how a major organisation behind many of these scams operates – and why law enforcement ...

Business email compromise (BEC) has seen growth due to criminals adopting AI tools. Discover how to protect your business from cybercriminals.

The department fell victim to a business email compromise scam. The thieves targeted the sales tax funds collected by the sheriff's office, according to the audit report. The sheriff's office is ...