The Payments Association

JUNE 11, 2025

AI-driven scams leverage sophisticated attacks from phishing emails to deepfake videos and voice impersonations. This highlights the opportunity for smarter systems to deliver both trust and throughput, without compromising either. However, payments leaders are fighting back with AI-powered defences.

Risk

VISTA InfoSec

AUGUST 5, 2025

These tools allow analysts to spot attacker chatter, leaked credentials, and indicators of compromise before an incident escalates. One careless click on a phishing email can cause serious trouble. Teams should run regular sessions to teach staff about phishing attacks, social engineering, and basic security measures.

Cybersecurity

Finextra

JULY 21, 2025

It provides absolute peace of mind against: Private Key Compromise: If a users private key is compromised (e.g., through phishing, malware, or a brute-force attack), the solution ensures the recovery of ETH-pegged tokens in the protected account. Oracle Manipulation: Losses due to manipulated price feeds in DeFi protocols.

Compromise

Stax

APRIL 10, 2025

Benefits of contactless payments It gives your customers more flexibility and speeds up the checkout process Encryption and tokenization are defining features of NFC payments, helping to drastically reduce the risk of fraud It can be an additional payment method that will increase your market reach and attract more customers Drawbacks of contactless (..)

Small Business

Finextra

JULY 28, 2025

This data hygiene issue fundamentally compromises AI model performance, leading to inaccurate insights, increased operational costs, and diminished ROI. Legacy systems prevalent in many traditional banking institutions often result in fragmented, inconsistent, and often poor-quality data housed in isolated silos (Accenture, 2021).

AI

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. Strengthened cyber hygiene, increased employee awareness and improved training programmes have led to a reduction in business email compromise attacks.

Cybersecurity

Finextra

AUGUST 1, 2025

By implementing these measures, family offices drastically reduce the risk of breaches caused by compromised logins. Without proper protection, hackers can intercept emails or exploit vulnerabilities in messaging platforms, compromising sensitive information. Encryption is a key solution here.

Security

VISTA InfoSec

JUNE 19, 2024

However, this convenience comes with significant cyber risks that can compromise sensitive information and privacy. In the context of video communication, attackers may impersonate colleagues or trusted contacts, sending invitations to join a video meeting through phishing emails.

Risk

VISTA InfoSec

MAY 12, 2024

When used, these devices will collect payment details without the merchant’s knowledge, compromising customer data security. Many cyberattacks specifically target people through phishing and other kinds of social engineering. Solving this issue means empowering your employees to understand the nature of today’s cyber threats.

PCI DSS

PYMNTS

JANUARY 27, 2020

Growing attack-related expenses force businesses to remain vigilant against emerging threats, including phishing and other types of fraud that their own employees may willingly or unwillingly perpetuate. The scheme originated from a number of phishing emails that targeted a handful of employees. Fighting the Phishers.

Phishing

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

VISTA InfoSec

JUNE 18, 2024

Next, analyze potential risks like malware infections, phishing scams, or disgruntled team members leaking sensitive data. Even if passwords are compromised, those extra identity checkpoints block illicit access attempts. Kick things off with phishing awareness training. Outdated software? Also, apply need-to-know restrictions.

Data Security

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

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. Repercussions extend beyond financial losses, significantly impacting individuals within organisations.

Phishing

VISTA InfoSec

SEPTEMBER 5, 2024

Common threats for SMEs include phishing, malware, insider threats, and social engineering. SMEs face numerous cyber security threats that can jeopardize their operations and financial stability, with phishing attacks, malware, and ransomware being among the most common. Lets get started.

Security

VISTA InfoSec

OCTOBER 21, 2024

Common threats for SMEs include phishing, malware, insider threats, and social engineering. SMEs face numerous cyber security threats that can jeopardize their operations and financial stability, with phishing attacks, malware, and ransomware being among the most common. Let’s get started.

Security

PYMNTS

FEBRUARY 1, 2021

40 legitimate email accounts of company executives have been compromised in a phishing campaign targeting businesses , according to Gov Info Security reports. The scam involves sending a phishing email claiming to be a Microsoft Office 365 update.

Data Breach

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

APRIL 3, 2018

Experts say an employee phishing scam is likely to blame for the data breach affecting millions of Saks Fifth Avenue and Lord & Taylor payment cards. Separate reports by the Associated Press also pointed to an email phishing scam as the likely culprit. The Canadian company noted it has commenced an investigation.

Phishing

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 warnings signal a surge in hacking and phishing attempts, Google said, with cybercriminals using the coronavirus as a backdrop to their tactics.

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. Brand Forgery.

B2B

PYMNTS

AUGUST 3, 2020

” That includes malware and phishing schemes, extortion, business email compromise and more, sometimes involving demands for cryptocurrency. FinCEN warns that bad actors “are engaged in fraudulent schemes that exploit vulnerabilities created by the pandemic.”

Fincen

PYMNTS

SEPTEMBER 30, 2019

companies via the Business Email Compromise scam, reports in The East African said last week. Through Operation reWired, we are sending a clear message to the criminals who orchestrate these Business Email Compromise schemes that ‘I will keep coming after you, no matter where you are.’”.

Email Compromise

PYMNTS

JULY 30, 2018

A phishing scam making the rounds and targeting businesses is using the Square name to fool its targets. Last year, small business accounting company MYOB had its name used by phishing scammers who targeted small businesses. While there are several versions of the email, they all include the Square logo, according to reports.

Phishing

VISTA InfoSec

OCTOBER 21, 2024

The most common threat that you might already be aware of is phishing scams. Through malicious software, usually gained by downloading something or opening a compromised link, you’ll be faced with data loss and/or further unauthorized access to your details. From there, they’ll require you to input confidential details.

Cybersecurity

PYMNTS

FEBRUARY 12, 2020

Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. As for the areas where scammers managed the biggest hits, business email compromise (BEC), confidence/romance fraud and spoofing were the top three types of crime in terms of monetary losses.

Business 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

VISTA InfoSec

OCTOBER 21, 2024

The added anonymity provided by such wallets can help prevent phishing and other humancentric attacks that could compromise your funds or personal data. Common additional authentication factors include biometric scans and one-time passwords, both of which should be considered since they are especially challenging for hackers to spoof.

Cryptocurrency

Fintech News

AUGUST 19, 2024

These scams involved pop-up alerts on victims’ devices, falsely claiming they were compromised by malware. Between January and July 2024, the SPF received 185 reports of technical support scams, resulting in losses exceeding S$ 17.9

Scams

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., Reports said the fraudsters have stolen more than 800 sets of credentials in an attempt to commit B2B payment fraud via spear-phishing attacks. Canada and the world over.

Scams

Seon

JUNE 15, 2023

Business email compromise (BEC) attacks can be a major risk to businesses’ finances and reputations. Let’s look at what business email compromise attacks are and explore some of the many ways you can combat them. What Is a Business Email Compromise Attack? Reported losses in 2020 exceeded $4.2

Email Compromise

PYMNTS

OCTOBER 19, 2018

In general, hackers turn to methods such as social engineering, malware and spear phishing to target digital currency exchanges. The most popular attack vector on corporate networks is spear phishing. In order to accomplish this, the scammers deliver malware.

Phishing

PYMNTS

JULY 24, 2020

Outside of the Instacart platform, attackers may target individuals using phishing or credential stuffing techniques. “We take data protection and privacy very seriously.

Data Breach

PYMNTS

JULY 24, 2020

In a post on its website, Instacart said its investigation concluded the San Francisco-based company was not compromised. It appears that third-party bad actors were able to use usernames and passwords that were compromised in previous data breaches of other websites and apps to login to some Instacart accounts,” Instacart wrote. “In

Accounts

Payments Source

JUNE 28, 2018

Payments fraud from business email compromise, or BEC, occurs when scammers use phishing tricks and email to fool businesses into making fraudulent payments to perceived suppliers. Experts suggest newer factors are accelerating the trend.

Email Compromise

VISTA InfoSec

AUGUST 8, 2023

Phishing Attacks Phishing attacks are usually deployed via emails and malicious websites. Make Strong Password Usage and Multi-Factor Authentication Necessary There has been a huge report of employee passwords being compromised or stolen due to missing devices and other factors.

Small Business