The U.S. Attorney’s Office recently seized about $3.5 million that was stolen through a scam called “Business Email ...
A Connecticut business that was victimized by a business email compromise scam in May and June lost around $5.4 million, but ...
The Business Email Compromise (BEC) is a scam perpetrated by scammers who, using social engineering tactics, pose as company executives or trusted vendors to lure ...
Federal officials have seized more than $3.5 million that was stolen from a Connecticut business through a “business email compromise scam.” The funds were part of $5.4 million that was sent from a ...
Phishing attacks, business email compromise and vendor email compromise attacks on manufacturing have surged in the past 12 months ...
Sarah Li Cain is a finance writer and a Candidate for the Accredited Financial Counselor© designation. She’s written for the Financial Planning Association, Netsuite and other notable publications.
Business email attacks (BEC), a type of email-borne scams that impersonate executives, have “surged” in the third quarter of 2024, with the manufacturing sector hit particularly hard.
Dubai, United Arab Emirates: As the holiday and shopping season approaches, leading cybersecurity and compliance company Proofpoint has released research that shows that the top Middle East retailers ...
with a particular persistent focus on the highly lucrative tactic of business email compromise (BEC). VIPRE processed 1.8 billion emails globally, of which 208 million were malicious. In this ...
According to a study by IMARC, the Middle East retail market size is projected to grow by 4.21% from 2024-2032 ...