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Business email compromise BEC scams continue to wreak havoc on businesses B2B payment workflows, but this weeks B2B Data Digest finds ransomware has once again stolen the spotlight. Analysis uncovers the stats behind one of the most prolific ransomware attacks on small to medium-sized businesses SMBs , while reports also find millions of dollars stolen from businesses thanks to invoice and payroll scams.6 months ago, there were fewer BEC scams in Australias construction sector than today,聽according to a new warning issued by the Australian Cyber Security Centre. The notice said that BEC scammers are targeting construction companies posing as legitimate
stanley thermoskanne business partners seeking payment on invoices by changing bank details on future bills. Cyber criminals may be hacking email accounts or creating new email addresses that look similar to legitimate ones of industry firms. In a statement, Michael McKinnon, chief information officer at Tesserent, told IT Wire, Australias construct
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stanley de nly BEC scams, but also for phishing and ransomware attacks. He added, This is a result of years of neglect in IT spending in the sector. 800 to 1,500 small businesses have been hit by what might be the largest-ever ransomware attack, the latest reports in The Washington Post said. The result of a cyber breach at B2B software company Kaseya, the ransomware attack quickly spread to Kaseyas business customers, though reports noted it is unclear how widespread Bdtf UK Supermarket Watchdog Finds Shocking Supplier Payment Tactics
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