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BUSINESS EMAIL COMPROMISE

Bogus emails promising ways to make a quick buck have been around for years (i.e. Nigerian email scam), but now the criminals’ tactics are improving. Businesses are experiencing electronic payment fraud and financial losses as a result of tricking the CFO or Controller to set up a fraudulent wire payment. This is known as Business Email Compromise. Check out the video below to learn more about how Business Email Compromise works and steps you can take to protect your business.