PYMNTS

DECEMBER 6, 2016

KnowBe4 , a security awareness training and simulated phishing platform provider, launched a new tool designed to help IT managers combat CEO fraud, or Business Email Compromise (BEC) as it is referred to by the FBI. Those replies are then recorded and made available for IT managers to download and review if needed.

Phishing

PYMNTS

SEPTEMBER 13, 2018

Issues like phishing and the Business Email Compromise (BEC) are top concerns, yet ransomware cannot be ignored as a destructive force. Of MSPs surveyed, about 75 percent said their SMB customers experienced “business-threatening” downtime as a result of a ransomware attack, said Datto’s chief technology officer, Robert Gibbons.

Ransomware

PYMNTS

DECEMBER 30, 2016

Bank heists and data breaches saw no shortage in 2016, and corporates large and small could no longer avoid the risk of a cyberattack. 2017 will see a continued rise in cybersecurity threats particularly around business email compromise , ransomware and malicious insiders. In addition, the battlefield is evolving.

Checks

PYMNTS

AUGUST 5, 2019

Business email compromise (BEC) attempt scams are gaining traction, targeting billions of dollars in ill-gotten gains. The tally means that the monthly reports have a run rate of more than 1,100 as seen last year, and that’s up sharply from the less than 500 report estimated by FinCEN as of 2016.

Business Email Compromise

PYMNTS

JULY 26, 2017

While commercial loan growth remained strong in 2016, it is still slower than 2015 levels, the report found, increasing by 2.1 percent in the first half of 2016 but then slowing toward the end. PYMNTS outlines some of those key trends found in the OCC report below. Shifts in Lending Practices. Amid these fluctuations, the U.S.

OCC

PYMNTS

JANUARY 30, 2017

The latest report from the Identity Theft Resource Center (ITRC) and CyberScout finds a worrying trend: 2016 was a record year for data breaches, with businesses emerging as the largest target for hackers by far. These types of attacks made up more than 55 percent of total data breaches in 2016.

Data Security

PYMNTS

MAY 5, 2017

Another testament to the security risks inherent in interconnectivity, security gaps on the fringes of the SWIFT cross-border payment network were found to have been leveraged by cybercriminals in a series of attempted and successful digital bank heists in 2016. Ransomware, Cyberespionage On The Rise.

Breach