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Protecting Your Business from Social Engineering Fraud

Fraud has been around for thousands of years, probably since the existence of man. As technology continues to advance, thieves are adapting as well. The FBI has identified more than 14,000 U.S. companies that have been plagued by social engineering fraud. This type of attack is on the rise – since January of 2015 incidents have increased more than 1300%.

Thieves use social engineering fraud to attack businesses that send wire transfers on a fairly regular basis, typically targeting CFOs and controllers who pay the bills. The fraudsters will hack into an email server to see who requests these wires…

Online Scams – Don’t Fall For Them

As the year winds down, and the holidays approach, fraudsters are gearing up for a busy season. The 2016 Identity Fraud Study, released by Javelin Strategy & Research, found that $15 billion was stolen from 13.1 million U.S. consumers in 2015. Unfortunately, these days there seems to be a new scam popping up every day. Here is a quick list of the most common ones and how to avoid them:

Online Fraud – Auction fraud is one of the most common ways fraudsters are using the Internet to defraud people. This type of scheme often involves either a seller failing…

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