The FBI is warning businesses to be on the lookout for emails sent by scammers to trick them into transferring money to fraudulent accounts. Email scams have been around for decades, but old-school Advance Fee Fraud scams these are not. The FBI calls this family of scams “Business Email Compromise” (BEC) scams, because they use phony emails that...

Nigerian scammers are using more sophisticated techniques to scam businesses especially those in Asia. The scammers are now trying to inject themselves in between transactions in the hope of diverting funds into their accounts. Typically, the Microsoft Word Intruder exploit kit to create infected word documents which are then emailed to specific targets. Once opened the...