by Guy Snow | Sep 26, 2024 | Authorised Push Payment fraud, Blog, Business Email Compromise, Cyber Investigation Services, Uncategorized
The insidious threat of Authorised Push Payment Fraud. In an era where digital transactions have become the norm, a new form of financial crime is on the rise – a scam type called Authorised Push Payment fraud (APP). This type of sophisticated scam has left...
by Guy Snow | Sep 23, 2024 | Business Email Compromise, Cyber Investigation Services, Uncategorized
A Message to Bank and Financial Institution Fraud and AML Investigation Teams:Â In the face of rising Business Email Compromise ( BEC scams ), it’s time to reassess how we guide victims. Traditionally, financial institutions have directed customers to report...
by Noah Slate | Apr 11, 2024 | Business Email Compromise, Uncategorized
In recent years, Business Email Compromise (BEC) has surged, with losses reaching staggering heights. In 2023 alone, businesses in the United States reported losses close to $2.76 billion due to these scams. This isn’t just an alarming statistic—it’s a...
by Noah Slate | Apr 2, 2024 | Blog, Business Email Compromise
Many types of Business Email Compromise (BEC) scams present a sophisticated threat to organizations worldwide, exploiting the most vulnerable element of security measures: human psychology. Unlike traditional cyber-attacks that rely on brute force or complex hacking...
by Anna Brown | Jan 23, 2024 | Business Email Compromise
Email impersonation is often associated with malicious practices, such as Business Email Compromise (BEC), reputation damage, fake invoicing, and phishing schemes. The objective behind email impersonation is to defraud individuals or businesses of their money while...
by Anna Brown | Oct 31, 2023 | Business Email Compromise
Rexxfield is stoked to announce that Ronnie (the BEC-Man) Tokazowski has joined us as our BEC 1st Response Team Lead and Banking/Fintech AML Disruption and Liaison Coordinator. Contact Ronnie at: ronnie (at) rexxfield.com What Can Ronnie and Rexxfield do for you? Help...
