nsKnox

08/27/2026

Valencia County, NM lost $2M+ to a scammer posing as its hospital contractor, Bradbury Stamm Construction.

Training and internal processes were in place. A human still made the payment.

Vendor impersonation doesn't need to hack your systems. It just needs one convincing invoice and an unverified account. https://www.kob.com/new-mexico/albuquerque-metro/valencia-county-loses-2m-to-scam-during-new-hospital-construction/

08/25/2026

It only takes one convincing email, one urgent request, or one fraudulent change to payment details.

This , Australia’s message to Stop. Check. Protect. is an important reminder for businesses too: when it comes to payments, urgency should never replace verification.

For finance and AP teams, that means independently validating who you’re paying and where the money is going, especially when supplier bank account details change.

At nsKnox, we believe payment security should go beyond trusting the message, the email, or even the data stored in your systems. By validating bank account details against authoritative sources and protecting payment data throughout the process, organizations can stop sophisticated B2B payment fraud before the money moves.

Together with our Australian partner Trust Anchor, we’re helping organizations strengthen their defenses against payment fraud and make every payment with greater certainty.

Scams create urgency. Verification creates certainty.

08/25/2026

Barcelona, we're on our way!

nsKnox is heading to the 35th annual EuroFinance International Treasury Management conference, September 16-18 at CCIB Barcelona.

Come find us at the Innovation Hub to see how we're helping treasury and finance teams stay ahead of payment fraud.

See you there!

08/24/2026

Speed. Certainty. Effort.

For years, payment security teams have been told to pick two.

Need fast validation? You sacrifice certainty.
Want full certainty? Be ready to slow down and put in the work.

This "impossible triangle" has forced businesses into a constant trade-off, and fraudsters count on that friction to slip through.

Our Adaptive Payment Security™ platform breaks the triangle.

With Quick Check™ and KnoxVerify™ working together, you get the fastest possible validation by default, with the flexibility to escalate to deeper verification exactly when a transaction calls for it.

Not a compromise. A choice, in your control, every time.

Any account. Anywhere. Validated your way.
https://nsknox.net/adaptive-payment-security

08/20/2026

Three Saskatchewan housing authorities. Three separate fraud losses. One common thread.

$331K to a fake vendor. $35K+ redirected after a fraudster changed banking details. $18.5K skimmed through altered invoices, undetected for five years.

Different tactics, same gap: no one verified the account before the money moved.

Vendor bank accounts change. Invoices get doctored. The only way to catch it is to verify before you pay, not after.

Read the full story

https://www.ctvnews.ca/regina/article/saskatchewan-housing-corporation-reports-331k-loss-linked-to-fake-vendor/

A loss suffered by a northern Saskatchewan housing authority, which was previously reported to be “over $5,000,” has now been revealed to total $331,000.

08/19/2026

Summer is for fishing trips, not fraud alerts.

Your team deserves a real vacation. Not a phone glued to their hand, checking for suspicious wire transfers between casts.

Fraudsters don't clock out. New accounts, synthetic IDs, stolen data, they're working the system 24/7, even when your team is out of office.

That's where nsKnox comes in. Real-time fraud protection that doesn't take a day off, so your team can.

Protect your payments. Let your team actually enjoy their holiday.
https://bit.ly/4wnswxK

08/17/2026

98% of cyberattacks use social engineering. 🚨

Cybercriminals are using highly sophisticated vendor impersonation and Business Email Compromise (BEC) tactics to hijack outgoing corporate payments. Relying on manual AP verification simply leaves too much room for human error.

PaymentKnox™ for Accounts Payable replaces that risk with automated, technology-driven protection. It eliminates manual errors, detects file manipulations, and delivers automated assurance of bank account ownership.

👇 Swipe through the carousel below to see how our 3 Pillars of Powerful Payments Protection secure your workflow from end to end.

🔗 https://nsknox.net/paymentknox-for-accounts-payable/

08/13/2026

Payment fraud doesn't wear one disguise.

A hacked supplier email. A cloned executive voice. A "vendor" quietly changing their bank details. An insider with just enough access. An ERP system altered from the outside.

Here's how it plays out: a fraudster emails your AP team posing as a supplier, asking for a bank account change. Without protection, that request gets processed. With nsKnox, the new account is validated against authoritative banking data before any payment goes out, and if it doesn't check out, it's flagged.

nsKnox protects against every major category of B2B payment fraud: BEC, deepfake AI, vendor impersonation, social engineering, insider fraud, and ERP attacks.

Want to see where your payment process might be exposed? Get in touch with our team.
https://bit.ly/4xx37CI

08/12/2026

📚 Word of the Day: Synthetic Identity
Definition: A fake identity built by blending real and fabricated details to slip past verification checks and open fraudulent accounts.

💡 nsKnox validates true account ownership at the source, making it far harder for synthetic identities to ever receive a payment.

🔑 Related Terms: Identity Fraud, Account Takeover, Deepfake AI
https://bit.ly/4wnswxK

08/10/2026

🚩 Fraud in the Headlines: $41,500 gone in one email

A state audit just confirmed it: West Geauga Local Schools (Ohio) lost $41,500 in 2024 after fraudsters spoofed a known vendor's email and requested "updated" ACH banking details.

The district trusted a familiar name. The payment went straight to the fraudster's account.

This is textbook Business Email Compromise, and it's a reminder that "we've worked with this vendor for years" isn't verification. Every banking change request needs independent, real-time confirmation before money moves, no matter how legitimate the email looks.

https://bit.ly/4gmtTI7

West Geauga Local Schools is providing additional details after a state audit found the district lost $41,500 in a payment redirect scam and issued a $5,000 finding for recovery tied to the incident.