PYMNTS

APRIL 4, 2019

Meanwhile, instances of the Business Email Compromise (BEC) are also on the rise: About 47 percent of all incidents examined last year were the result of a hack or malware — and, of those, about half were BEC scams. Through the spear phishing campaign, an unwilling employee inputs those credentials for the criminal.

Ransomware 63

Ransomware Phishing Direct Deposit Business Email Compromise 63

PYMNTS

DECEMBER 17, 2019

An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The victim is then offered a choice of logging in through email credentials from providers such as Google, Microsoft and Yahoo. Spoofed phishing site domains are hosted in Turkey and Romania.

Credential 40

Credential Scams Email Compromise Business Email Compromise 40

Seon

JUNE 15, 2023

Business email compromise (BEC) attacks can be a major risk to businesses’ finances and reputations. The report states that these victims mostly lost their money to BEC scams. The report states that these victims mostly lost their money to BEC scams. The most damaging form of BEC is account takeover (ATO) attacks.

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

PYMNTS

APRIL 21, 2020

Business email compromise (BEC), B2B phishing scams, synthetic identities, fake accounts and trillions of aid dollars flooding out at a time of maximum uncertainty make this a fraudster’s paradise.

Scams 63

Scams Automation Phishing Email Compromise 63

PYMNTS

OCTOBER 15, 2018

It’s a twist on the business email compromise (BEC) scam that typically involves scammers emailing business owners and seeking payment via wire transfer, ACH or paper check. “No legitimate business or utility will call you and ask you to make a payment using a Green Dot card,” AG Frosh said in a statement.

Ransomware 77

Ransomware Online and Mobile Banking Small Business Scams 77

PYMNTS

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware. which is the group of hackers behind the Dridex malware used in phishing email attacks. Yakubets, who also has been known as “aqua,” has been cited as being the leader of Evil Corp.,

Treasury 52

Treasury Wire Wires Credential 52

PYMNTS

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware. which is the group of hackers behind the Dridex malware used in phishing email attacks. Yakubets, who also has been known as “aqua,” has been cited as being the leader of Evil Corp.,

Treasury 52

Treasury Wire Wires Credential 52

PYMNTS

OCTOBER 5, 2020

Furthermore, the company said the most typical attack techniques that nation-state actors used in the past year were credential harvesting, reconnaissance, virtual private network (VPN) exploits and malware. The first half of this year had a 35 percent rise in overall attack volume in contrast to the latter half of last year.

Ransomware 54

Ransomware AFP Breach Payments 54

The Payments Association

FEBRUARY 17, 2025

AiTM attacks work by intercepting communication between a user and a legitimate service through phishing techniques. In an AiTM attack, the attacker typically sends a phishing email with a link that directs the victim to a fake login page (redirector or AiTM phishing page) designed to look like a legitimate service.

Phishing 88

Phishing Multifactor Authentication Authentication Credential 88