Trade Credit & Liquidity Management

JULY 24, 2025

The solution addresses the persistent issue of outbound email risk, such as sending emails to unintended recipients, leaking sensitive data, misattaching files, or falling victim to sophisticated phishing attacks. These incidents are a major cause of data breaches, with human error cited as responsible for 60% of breaches as of 2025.

Risk

Fintech News

JULY 18, 2025

Organisations with higher OT security maturity show stronger resilience to threats such as phishing and more advanced techniques, including persistent attacks and OT-specific malware. The implementation of cybersecurity best practices continues to positively influence outcomes.

Cybersecurity

Finextra

AUGUST 1, 2025

Cybercriminals continually exploit weak or stolen credentials, making stronger authentication methods essential for family offices. By implementing these measures, family offices drastically reduce the risk of breaches caused by compromised logins. Multi-layered authentication combines multiple security steps to verify user identities.

Security

PYMNTS

APRIL 14, 2020

With the business email compromise (BEC) phishing attack a continuously growing threat for businesses large and small, organizations are exploring how strategic cybersecurity investments can protect them when bad actors attempt to steal company cash or redirect business payments.

Email Compromise

PYMNTS

JUNE 1, 2020

Google issued a stark warning last week about the state of cybersecurity: Phishing attacks are on the rise and continue to take advantage of vulnerabilities resulting from the global pandemic. The case highlights the fraud risks of continued use of paper checks in B2B payments. said recently.

Phishing

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. The phishing tool uses simulated attacks to test users and tracks how they reply.

Phishing

VISTA InfoSec

SEPTEMBER 5, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. Common threats for SMEs include phishing, malware, insider threats, and social engineering. Understanding the dynamics of phishing is essential for SMEs to implement preventive measures effectively.

Security

VISTA InfoSec

OCTOBER 21, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. Common threats for SMEs include phishing, malware, insider threats, and social engineering. Understanding the dynamics of phishing is essential for SMEs to implement preventive measures effectively.

Security

The Fintech Times

APRIL 11, 2024

Phishing attacks continue to plague businesses, with as much as 94 per cent of companies falling victim to this type of cybercrime in the past year alone, according to the latest Egress ‘Email Threat Landscape 2024’ report. This will ultimately safeguard critical data and reduce the impact on individuals and organisations.

Phishing

PYMNTS

OCTOBER 9, 2020

We have seen phishing attacks surge since the pandemic started,” Reichel said. Phishing scams continue to proliferate in the number of attacks and dollar value of losses.”. The quality of the branded phishing emails are what sets the latest coronavirus email attacks apart,” Reichel said. Spear Phishing.

B2B

VISTA InfoSec

OCTOBER 21, 2024

We will continue seeing this happen in our lifetime, with a prominent example of this found in a relatively new mainstream advancement in fintech – cryptocurrency. The most common threat that you might already be aware of is phishing scams. The aim of such scams is to steal sensitive information, from personal to financial data.

Cybersecurity

Nanonets

NOVEMBER 14, 2023

Business Email Compromise (BEC) is a cyber threat that exploits the vulnerabilities of email communication. Perpetrators impersonate trusted entities, such as executives or vendors, employing social engineering techniques to coerce employees into compromising actions. What is Business Email Compromise (BEC)?

Email Compromise

PYMNTS

FEBRUARY 11, 2020

New data was released this week with an urgent, albeit not necessarily unexpected, message: ransomware and other phishing attacks continue to dramatically spike, with more frequent and more expensive attacks hitting businesses and government entities of all sizes. The New York Times reported Sunday (Feb. as to which services we use.”

Phishing

PYMNTS

AUGUST 24, 2020

This week's B2B Data Digest looks at the rising threat of the business email compromise (BEC) scam and invoice fraud on companies of all sizes in the U.S., A 60 percent increase in ransomware payments signals continued B2B payment attacks, according to the latest data from Coveware. Canada and the world over.

Scams

Fintech News

JUNE 10, 2024

Akira affiliates gain initial access by exploiting vulnerabilities, brute-forcing services like Remote Desktop Protocol (RDP), social engineering, and using compromised credentials. Maintaining routine backups of critical data is essential for ensuring business continuity. Employee education plays a critical role in cybersecurity.

Ransomware

VISTA InfoSec

JANUARY 29, 2024

Users are protected against phishing attacks through anti-phishing mechanisms. Its intent is to compromise the confidentiality, integrity, or availability of the owner’s data, applications, or the operating system itself. This is to ascertain whether these systems continue to not necessitate anti-virus software.

PCI DSS

VISTA InfoSec

DECEMBER 19, 2024

Know and Limit Access Prevent compromise of credentials Manage identities and segregate privileges 3.Detect Monitoring and Threat Detection Deploy tools for continuous monitoring of SWIFT-related environments. Focus on phishing awareness, secure usage of SWIFT systems, and compliance with CSP requirements.

SWIFT

FICO

FEBRUARY 16, 2023

Now that we have data from the entire year to review, we are seeing the alarming trend continue. For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021.

Compromise

Fi911

JULY 8, 2024

This type of fraud can take various forms, including identity theft, chargeback fraud, and phishing attacks. And, as online sales continue to skyrocket, so too does the number of fraud attempts. Additionally, businesses should conduct continuous monitoring of transactions and audits to detect potential fraud early.

Account Takeovers

PYMNTS

JANUARY 20, 2017

In this week’s Hacker Tracker , Radware shares its global cybersecurity research on what’s really motivating cybercriminals, a Gmail phishing attack targets savvy users and the U.S.’s In many cases, experienced or tech savvy users can spot a phishing email scam from a mile away. Money On The (Cybercriminal) Brain.

Phishing

VISTA InfoSec

APRIL 3, 2024

Whether it’s falling prey to sophisticated phishing schemes or mishandling sensitive information, the actions of untrained or uninformed staff can compromise an entire organization’s security. Employees, often regarded as the weakest link in the security chain, can inadvertently become conduits for cyber attacks.

Cybersecurity

PYMNTS

SEPTEMBER 21, 2019

“Cybercriminals continue to be creative in their attacks, turning their attention to industries such as manufacturing to retail, and using cloud technology and software like common mobile apps to their advantage,” he said in a statement last week. ” The U.S.

Data Breach

Fintech News

JANUARY 17, 2024

As the financial industry continues to evolve, so do the tactics fraudsters employ. Meanwhile, in a separate incident in Singapore, the cybersecurity landscape saw a significant surge in phishing attempts targeting local entities in 2022. 2024 promises to be crucial in the ongoing struggle against financial cybercrime.

Deepfake

PYMNTS

APRIL 4, 2019

The threat of cyberattacks continues to grow, and small businesses (SMBs) are caught in the crosshairs. 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.

Ransomware

VISTA InfoSec

DECEMBER 19, 2024

Know and Limit Access Prevent compromise of credentials Manage identities and segregate privileges 3.Detect Monitoring and Threat Detection Deploy tools for continuous monitoring of SWIFT-related environments. Focus on phishing awareness, secure usage of SWIFT systems, and compliance with CSP requirements.

SWIFT

VISTA InfoSec

SEPTEMBER 25, 2024

We will continue seeing this happen in our lifetime, with a prominent example of this found in a relatively new mainstream advancement in fintech – cryptocurrency. The most common threat that you might already be aware of is phishing scams. The aim of such scams is to steal sensitive information, from personal to financial data.

Cybersecurity

Fintech News

MARCH 25, 2024

The 2023 Mobile Banking Heists Report, released in December 2023, provides an overview of the risks to mobile financial applications, highlighting the continued evolution and success of mobile banking malware and mobile banking fraud around the globe. Hook is a type of malicious software specifically designed to target mobile banking apps.

Mobile Banking

Fintech News

MAY 1, 2025

In contrast, social engineering attacks continue to decline in prevalence. Social engineering involves the psychological manipulation of individuals to trick them into taking actions that compromise security or reveal confidential information. This trend can be in part explained by improved web security practices by organizations.

APACS

Fintech News

FEBRUARY 10, 2025

While the global crypto market continues to boom, with transaction volumes surpassing USD $10.6 A majority of these funds were stolen through private key compromises, phishing schemes, and decentralised finance (DeFi) exploits. As Asia and the globe continue their digital transformation, authorities must act decisively.

Crime

Fintech Finance

OCTOBER 24, 2024

The rise of authentication bypass scams: Looking for a way to get around two-factor authentication, fraudsters are doubling down on one-time-password phishing scams, which allow criminals access to full account funds and information via increasingly convincing texts, emails or phone calls. Although there was an overall decrease of 12.3%

Scams

PYMNTS

MARCH 23, 2020

Officials are warning of a rise in phishing attacks, while retailers have also been warned about fraud risks, with Amazon recently removing 1 million products for allegedly making fraudulent claims, recent Forbes reports said.

Email Compromise

FICO

MAY 27, 2021

Courier scams have long been a problem, but the threat has gathered momentum in recent months, as fraudsters have found a lot of success and will continue the ‘winning’ formula while they still can find a victim that will fall to their schemes. Fake webpage for Royal Mail. Once they’re stopped, they can create a new attack at lightning speed.

Scams

PYMNTS

SEPTEMBER 24, 2019

With billions of compromised credentials exposed online, there is a high likelihood that most users of the U.S. financial system have had some information about themselves … compromised at some point.”. Criminals will get this info through hacking or by social engineering and phishing.

Fincen

PYMNTS

JULY 19, 2020

France-based telecom company Orange reported that a ransomware attack had compromised the data of 20 enterprise customers on one of its servers, according to news site teiss. “Affected customers have already been informed by Orange teams, and Orange continues to monitor and investigate this breach.

Ransomware

FICO

NOVEMBER 30, 2016

In my recent blog, “Real talk: The imminent and very real danger of IoT,” I wrote: Due to lack of security features, creating an IoT botnet is a great deal easier than phishing users to compromise PCs. Given the ease with which IoT devices can be hacked, we can expect more attacks to follow. Who’s scoring you now?

AI

PYMNTS

DECEMBER 7, 2020

Business email compromise (BEC) scams continue to ravage company coffers. According to CNBC reports , the email phishing scheme involves attackers impersonating one business executive at a China-based business that offers temperature-controlled supply chain solutions.

Business Email Compromise

The Fintech Times

DECEMBER 22, 2023

These variants are distributed through various channels, including email attachments, compromised websites, and phishing attempts. Cleafy explained that new malware variants often go undetected by traditional security measures, allowing cybercriminals to exploit vulnerabilities and launch attacks that go undetected.

AI