PayPal's recent "No Phish Phishing" attack exploited legitimate platform features through authentic-looking $2,000 payment notifications, bypassing traditional security checks via subtle Microsoft 365 test domain anomalies. With 70% user susceptibility rates, the incident highlights critical vulnerabilities in conventional fraud detection while demonstrating AI's growing role in identifying behavioral red flags and anomalous patterns that human users miss. Trustmi's analysis reveals how next-gen AI security solutions combine deep learning with real-time risk assessment to combat these evolving threats.
Cybercriminals never stop innovating. They are now exploiting DocuSign's Envelopes API to orchestrate sophisticated phishing attacks. This new technique, leveraging legitimate business tools, poses a significant threat to enterprise payment security.
This article will provide practical advice for establishing CFO and CISO collaboration and describe how cultivating a holistic approach to risk management benefits the entire business. To do this, they must leverage new tools and technologies to deliver continuous intelligence sharing and open communication that enables organizations to stay ahead of criminals.
Explore how emails are crucial in B2B payments and why they're vulnerable. Learn key risks like phishing and spoofing and discover best practices to secure your transactions.
Learn to recognize and prevent Business Email Compromise (BEC) in B2B payments. Protect your business from fraud with expert tips and strategies.
Texas-based company Orion lost $60 million in a wire transfer scam, where criminals used tactics such as hacked emails and deepfakes to impersonate executives. The FBI warns that this type of fraud is a growing multibillion-dollar threat.
Strengthening bank validation methods is crucial to combat AI-driven Business Email Compromise (BEC) and wire fraud, as these sophisticated attacks lead to significant financial losses.
Trustmi's survey highlights a surge in AI deepfake and impersonation attacks on business payment processes, revealing significant financial losses and the need for proactive, automated security measures.
Explore why real-time monitoring is crucial in a CISO security strategy, enhancing threat detection and response for robust organizational protection.
Learn how the role of chief information security officers is changing with the rising need for strategic security solutions.
Automating vendor management can streamline operations, improve accuracy, and reduce errors. Build stronger and more efficient relationships with your vendors.