Email Compromise Law Enforcement Phishing 
PYMNTS
OCTOBER 17, 2018
The SEC’s investigations focused on “business email compromises” (BECs), where criminals posed as company executives or vendors and used emails to trick employees into sending large sums to fraudulent bank accounts.
PYMNTS
OCTOBER 7, 2020
The Financial Crimes Enforcement Network recently issued a warning that fraudsters are leveraging various illicit methods, including malware, phishing schemes, extortion and business email compromise (BEC) scams — all with a COVID-19 twist.
PYMNTS
JANUARY 27, 2020
The Business Email Compromise (BEC) continues to evolve. According to law enforcement in the country, the BEC is increasingly targeting businesses with fraudulent requests for funds loaded onto iTunes or Google Play cards, claiming to be for work-related expenses or client gifts. million, thanks to a phishing scam.
PYMNTS
JUNE 20, 2018
This past week saw the Federal Trade Commission (FTC) announce a new law enforcement initiative that focuses on bad actors who seek to commit crimes against small businesses. Want more proof of email as a favorite scamming tool? Finance departments were most vulnerable.
PYMNTS
DECEMBER 4, 2018
The Financial Times , citing cyber threat detection company Agari, reported the group, which goes by the name London Blue, is focusing on the business email compromise scam. Agari, noted the report, turned over the evidence to law enforcement agencies both in the U.S. Agari found the list, which has 50,000 targets.
PYMNTS
NOVEMBER 6, 2017
In an account takeover, a fraudster can take over a corporation’s financial account using phishing, spyware or malware. “At During the simulation, participants reacted to different types of hacks, including leaked CEO emails, compromised financial and health records and infrastructure attacks that left some employees stuck in elevators.
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