Fraud Alert – Business Email Compromise Continues to Scam Businesses

Monday, June 22 at 02:30 PM
Category: Business Banking

The Federal Bureau of Investigation, the Financial Services Information Sharing and Analysis Center (FS-ISAC), and the United States Secret Service have released a fraud alert about an increase in wire transfer fraud against U.S. businesses through a scam called “Business E-mail Compromise” (BEC). In this scam legitimate business email accounts are compromised and used to send wire transfer instructions. Read the full fraud alert* for more details on this scam, how to mitigate the risks and how to report if your business is a victim.

Links marked with * go to a third-party site not operated or endorsed by Arvest Bank, an FDIC-insured institution.  
 
Tags: Arvest Biz, Business Banking, Fraud Alert, Privacy and Security
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