Blog
What is the FBI Telling us about Wire Fraud?
Business Email Compromise (BEC) accounts for over 1/3 of all reported cyber losses in 2021, exceeding every other cyber crime loss.
Read MorePlausible Deniability And Who Absorbs A Wire Fraud Loss?
The question companies, leaders, and teams should be asking themselves is, “If you were solely responsible for wiring funds, and they go missing, what would you do differently? What tools and resources would you be demanding?”
Read MoreSeinfeld, the Beach, and Stopping Wire Fraud
Using “Sneaker” security for protecting against wire fraud is a risky strategy. Ensure you have a transparent process and hold teammates accountable.
Read MoreWire Fraud New Year’s Resolutions
Do you have a written policy and have you educated your team on the mechanics of the wire fraud? If not, the beginning of a new year is a great opportunity to resolve to address this threat to your business.
Read More4 Reasons Wire Fraud Criminals are Thankful
Criminals have a lot to be thankful for this holiday season. Don’t let your business fall victim!
Read MoreRansomware Vs Wire Fraud
Although ransomware and wire fraud tend to be equal in occurrence, that is where many of the similarities end, especially for the victims.
Read MoreHow to Recover A Wire Transfer
What to do if you’re a victim of wire fraud? Being the victim of wire fraud is extremely traumatic. You will immediately worry about if you will ever see the money again, if any of your other transfers are at risk, and whether or not your systems are compromised. These feelings of worry will be…
Read MoreWire Fraud Bad Guys, not Hackers, Stole $2.3 Million from Wisconsin Republicans in an Epic Wire Fraud Case
As reported by the AP “Wisconsin Republican Party says hackers stole $2.3m” two weeks before the 2020 election. That is an enormous amount of money. Try and imagine the energy and urgency of working on and in those campaigns. The pace was frenetic, the dollars spent immense and armies of vendors and consultants were…
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