BEC Scams Nearly Double Over Three Years
PYMNTS
JULY 29, 2019
In Australia, BEC has hit hard, as CIO reported that several businesses in that country have been forces to shutter operations in the wake of such fraud. The report noted that the purchase card program logged 7.1 million in 2017, and total transaction value across the 13,600 employees wielding such cards came to $4.6 billion.
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