Share this article Share this article BETHESDA, Md., April 6, 2021 /PRNewswire/ -- Of those respondents that reported increased fraud activity at their organizations, nearly two-thirds of treasury and finance professionals believe that the COVID-19 pandemic is to blame for some of the uptick in payments fraud at their companies, according to the 2021 Association for Financial Professionals (AFP) Payments Fraud and Control Survey. Furthermore, BEC continues to be the primary source for attempted or actual payments fraud, as 62% of companies that experienced attempted or actual payments fraud in 2020 did so as a result of BEC. Although the percentage of companies financially impacted by BEC has been declining, 76% of respondents report that their organizations had been targeted by BEC attempts in 2020.