Defend Against Wire Fraud

Conduit protects against wire fraud through simple software & proven processes.

Wire Fraud:

You Could Be Next

Wire Fraud is Pervasive

FBI statistics show that over $3 Billion was reported stolen in 2023! While large, this number is underreported, and criminals have started targeting fund managers and firms that have high transaction volume.

Cyber Insurance is Ineffective

Insurance is a good hedge against technical intrusions. However, coverage for wire fraud losses (social engineering) is minimal. Victims usually bear full responsibility for wire fraud losses.

Social Engineering Can Happen to Anyone

Every victim of wire fraud has had excellent people, security awareness, and documented procedures. However, they all lack a technical control to support their people and catch common problems before money is sent.

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About Wire Fraud

Protect Yourself With

The Conduit App

Never Lose Money (Again!)

Technical controls in the Conduit application ensure that your team follows the correct procedures for sending payments. Everytime!

Support Your Staff

Moving cash is a time-sensitive and stressful task with high stakes. Conduit gives your team confidence and comfort when making payments.

Ease Your Mind with an Audit Trail

Can you PROVE that your existing payment process is followed? With Conduit, execs review the actual verification procedures, instead of trusting an email or internal log.

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About the Conduit App

Testimonials

  • "The dashboard is very helpful and the functionality around verification calls is critical.”

    —BT, Fund Manager, Chicago