“Wire Fraud is the use of intentional deception for monetary gain using electronic communication. But the hackers are not stealing money, victims are freely and willingly sending it to the bad guys. The root of the problem is inadequate training and tools combined with human nature, our vulnerability to being tricked”
Founder of Conduit and former FBI Special Agent
Companies Tend to fight wire fraud with IT dollars
- Companies combat wire fraud with IT security solutions
- Although effective on the margins, it does not address the root of wire fraud
- Losses are due to social engineering (being conned)
Wire fraud is not a hack, and cyber insurance may not cover you.
Solving wire Fraud is very easy!
But... Solving Wire Fraud is really hard!
Conduit’s Software allows your team to follow a playbook, letting humans and computers do what they are best at.