myFM News reported:
The Upper Ottawa Valley detachment of the Ontario Provincial Police says a local business reported losing $3,000 after falling victim to a spear phishing scheme, also known as business email compromise. The incident was reported March 31.
Find the original article here.
Takeaway: Have a separate process for remittance changes that includes controls, validations, authentication and best practices. Fraudsters are after small amounts too so every size business is a target.
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat
Takeaway: Have a separate process for remittance changes that includes controls, validations, authentication and best practices. Fraudsters are after small amounts too so every size business is a target.
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat