“Con Artist Scams $5.2 million from Local Business” – Do you want this to be the local headline for your company? Probably not. Unfortunately, the threat of wire fraud continues to grow as cybercriminals become more sophisticated, and companies have implemented remote working schedules.
Wire fraud attacks are pervasive and can be costly, disrupting business operations and impacting their reputations. Cybercriminals use various methods, including business email compromise, phishing, and vishing, to access sensitive data and steal funds. As the threat continues to grow, your business must develop strategies to mitigate risk and lessen the impact of wire fraud attacks.
