PYMNTS

SEPTEMBER 21, 2019

Information on phishing email or BEC scam campaigns, for instance, can be shared to help small businesses protect themselves before an attack occurs. 20 percent of Business Email Compromise scams request payroll diversions new data from the Anti-Phishing Working Group (APWG) revealed in a report published last week.

Data Breach 80

Data Breach Breach Small Business Business Email Compromise 80

PYMNTS

FEBRUARY 20, 2019

Citing 2018 data from Verizon, Mastercard noted research that suggested the majority of cyberattacks are actually targeted at SMBs, ranging from phishing scams and the Business Email Compromise (BEC) to malware and ransomware attacks.

Cybersecurity 56

Cybersecurity Visa Data Breach Small Business 56

PYMNTS

SEPTEMBER 9, 2016

Faster Payments Risk-Mitigating Capabilities. While faster payments require heightened awareness and preparation for potential risks, they also equip these companies with capabilities to mitigate some risks. A total of 17,642 reports of BEC were reported to authorities between Oct. 2013 and Feb.

Same Day ACH 40

Same Day ACH ACH ODFI Faster Payments 40

CB Insights

JULY 23, 2020

It’s assumed that lasting contact and interaction was the main reason for the spread, underscoring the importance of social distancing between employees as a primary risk mitigation strategy in reopened offices. New variations of BEC have emerged during the pandemic. Source: Abnormal Security.

Posting 101

Posting Cybersecurity Returns Online and Mobile Banking 101