90% of cyberattacks use social engineering to target vendor emails and reroute millions undetected.
Don't leave your accounts payable to chance. nsKnox delivers verified accounts and fraud-proof controls to secure your global payments. 🛡️
🔗 https://t.co/s1OkuHMEdf
Signatory rights are now a liability. Deepfakes & social engineering allow fraudsters to bypass traditional bank controls with ease.
PaymentKnox™ delivers 3 layers of defense to verify every beneficiary, account owner & sanction risk globally. 🛡️
👉 https://t.co/UshND2YDEo
Pride month should be every month!🏳️🌈
We take pride in everything we do from Payment Fraud protection to being an ally for the LGBTQ+ community.
Happy Pride Month from the nsKnox team.
#PaymentFraud#PrideMonth
🔴 TRUE or FALSE? "If no one hacks your system, your payments are safe."
Take a guess. 👇
FALSE.
The costliest B2B scams don't break in. They just trick someone into updating a vendor's bank details.
Your system stays clean. Your money walks out the door.
https://t.co/BlId42kPsc
By June 19th, "good enough" is no longer good enough. #NACHA's new fraud monitoring rules apply to every business sending ACH payments. Penalties up to $500k/mo. Send a fraudulent payment without the right controls? You’re 100% liable.
Not your bank. You.
https://t.co/iGN8sfwSV5
This week the nsKnox team swapped payment security for flower arranging. 💐
Some of us were naturals. Others... let's just say we will stick to our day jobs.
Everyone went home with a beautiful bouquet, followed by cheese, cheesecake, wine and all the good things in life. 🍰🧀
Most validation tools stop where their database ends. Fraudsters exploit this gap.
On May 21, Assaf Dargan from nsKnox breaks down how to eliminate blind spots with global intelligence inside your existing workflows.
Secure your spot: https://t.co/S6kLk0X6fv
Diligent teams still need the right technology.
Menorah Mivtachim knew it. PaymentKnox™ delivered: authenticated, verified, safe. Every high-value transaction, every time.
👉 https://t.co/GdyKL77F0e
#PaymentSecurity#FraudPrevention#nsKnox
A $650K vendor impersonation #fraud shows how easily payment processes can be exploited when verification stops at a single point.
With billions lost annually to #BEC scams, continuous oversight is no longer optional.
Read more here> https://t.co/9v5xIhJtV6
💐 To every mother who juggles a career in fintech and everything that comes with it outside of work - today is for you.
We are grateful for every amazing mother who is part of the nsKnox family, whether on our team or in our extended community.
#MothersDay#WomenInTech
$1M sent to fake vendors. Missing details. Approvals still going through. For 6 years.
No advanced tactics. Just gaps in vendor validation and payment processes.
Fixing this starts before the payment is sent.
Full story here https://t.co/x7KFzj7fxp
Adaptive Payment Security™ by nsKnox:
⚡ Quick Check™: Fast validation for low-risk, in-network payments.
🔒 Knox Verify™: Deep global verification for high-risk cases.
Speed when you need it. Certainty when it matters most.
Learn more: https://t.co/3Jh4XZtnQn
Most companies think they’ve solved payment fraud at validation. They’re wrong. ❌
Validation is just a moment; fraud is a process. If you’re only looking at isolated steps, you’re already exposed.
Read the future of B2B security: https://t.co/md9zheyUxg
How do internal fraudsters stay hidden for so long?
They do not need to hack in. They already have the access.
🛑 57% of B2B fraud is committed by insiders
💰 Average cost: $15M
🕵️ Can go undetected for decades
👉https://t.co/tVc3z8NiHN
One hacked vendor. One undetected bank account change. One $1.2M payment with zero verification.
State auditors say a total lack of controls over vendor banking updates made this fraud possible. One gap was all it took.
https://t.co/S1qDyRKpdz
She thought it was a new client Zoom call. It was a scammer trying to deepfake her image to divert homebuyer wire transfers.
Deepfake fraud is no longer theoretical—it’s happening to real pros right now.
Read the story: https://t.co/fX1eBPDlHB
$24.9M stolen. 8 years. Zero detection.
A casino AP manager embezzled millions from a tribal nation by exploiting unchecked access to payment systems.
Trust is not a control. Independent payment verification is.
https://t.co/8EKtDTqgYX
#PaymentFraud#InsiderFraud
She thought it was a new client Zoom call. It was a scammer trying to deepfake her image to divert homebuyer wire transfers.
Deepfake fraud is no longer theoretical—it’s happening to real pros right now.
Read the story: https://t.co/ctJAaBPcev
#Deepfake
Compliance ≠ total protection. 🛡️
VoP confirms name/IBAN matches, but it can’t verify vendors, detect hacks, or cover non-SEPA payments. Since most fraud starts before the checkout, VoP is often a "too little, too late" fix.
Read more: https://t.co/V9V5Jyy57C
$24.9M stolen. 8 years. Zero detection.
A casino AP manager embezzled millions from a tribal nation by exploiting unchecked access to payment systems.
Trust is not a control. Independent payment verification is.
https://t.co/Mipqzr2Hs4
#PaymentFraud#InsiderFraud