by BG Design | Oct 31, 2022 | News and Updates
With the rise in popularity of peer-to-peer payment apps such as Venmo, CashApp, and Zelle, scammers have found new ways to prey on and steal from people in all walks of life: the elderly, the overly compassionate, and even the under-trained employee. In this blog...
by BG Design | Aug 4, 2022 | News and Updates
Gift card scams have been ongoing for a decade. However, with the rise in remote working, growing technology usage in business settings, many people fearful of COVID-19, and growing financial strain with a recession looming, scammers are ever ready to take advantage...
by BG Design | Apr 11, 2022 | Industry Insight 4/6/22, News and Updates
Faster is better for the good consumers AND for the fraudsters! 1. Unemployment Fraud 2. Lack of collaboration Due to WFH, payments move faster if we have communication breakdowns or less engaged employees it will get worse before it gets better) & ways to...
by BG Design | Apr 8, 2022 | Industry Insight 4/8/22, News and Updates
As reported by multiple news outlets, Unemployment Fraud reached epic heights during the pandemic. With the need to provide relief to many American quickly and an overwhelmed system, fraudsters were successfully able to apply for and receive benefits. Below are some...
by BG Design | Apr 8, 2022 | Industry Insight 4/4/22, News and Updates
Account takeover fraud is a type of cybercrime or identity theft where a third-party gains access to (or “takes over”) an online account, such as an e-mail address, bank account, or social media profile. Financial ATO includes the thefts of funds from customer...
