A regional bank managing $30 billion in assets and serving the New York metropolitan area had experienced an increase in scams targeting its millions of customers. Fraudsters impersonated the bank's brand online by cloning its websites, sent phishing e-mails directing the bank's customers to the malicious sites, and tricked victims into entering their credentials. With these stolen credentials the fraudsters then took over customer accounts and stole their money.

A renowned international financial services organization became aware of fraudsters impersonating their brand and employees on social media platforms around the world. The scammers fooled a number of the organization's customers into believing these social media profiles were legitimate and ended up stealing personally identifiable information and money from the victims. ‍

With the onset of the COVID-19 pandemic, many companies were forced to rapidly transition to remote work in order to comply with health guidelines and keep employees safe.