Secure Your Business

A Business Email Compromise (BEC) is a specialist type of phishing attack that is becoming increasingly prevalent. BEC attacks are designed to impersonate senior executives and trick employees, customers or vendors into wiring payment for goods or services to alternate bank accounts. According to research from the FBI, BEC attacks accounted for half of the cyber-crime losses which took place in 2019.

61% ↑

Organizations that experienced attempted or actual payment fraud in 2019 did so as a result of BEC scams

What is BlockIt?

BlockIt is a purpose-built messaging protocol, built to protect business to business (B2B) communications. Today most scams usually occur when a third-party gets in the middle of a business communication, compromises an email account or uses phishing emails to compromise an end user.

BlockIt’s secure network removes email as the primary source for transferring business sensitive data. Highly trained, artificial intelligence, bots layered on top of a secure blockchain network monitors your B2B network for fraudulent activity 24/7 all without compromising your org’s privacy.

Use Cases

   – Electronic Payment Authorization – Wire Details
   – Invoicing
   – Contracts

Reduce Fraud

Protect your B2B network and reduce the complexity of vendor screening and on-boarding.