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NEW YORK (AP) — It's never fun to be scammed, but if you're a small business owner then falling for a scam can have long-lasting effects on a business, damaging client relationships and profit.
BEC complaints grew by 13% in recent years. The frequency of these attacks has increased by 13% in the three years since 2020, and in 2022, losses from BEC scams totaled more than $2.7 billion ...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC.
Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail, if its an official marketing email, or Official Mail, if it's an important account email. If you get an ...
Phishing and business email compromise scams generally involve an element of email spoofing. Email spoofing has been responsible for public incidents with serious business and financial consequences. This was the case in an October 2013 email to a news agency which was spoofed to look as if it was from the Swedish company Fingerprint Cards.
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Business email compromise is a class of email fraud where employees with privileged access (such as to company finances) are deceived into making invalid payments or installing ransomware Advance-fee scam : Among the variations on this type of scam, are the Nigerian Letter also called the 419 fraud, Nigerian scam, Nigerian bank scam, or ...