Patch reported:
Community Consolidated School District 62 says an outside criminal scheme diverted $3.2 million that the district intended to pay to a third-party vendor.
Of the $3.2 million accessed through the scheme, $1.2 million has been returned to the district and another $1.2 million has been frozen and is expected to be recovered, officials said.
Of the $3.2 million accessed through the scheme, $1.2 million has been returned to the district and another $1.2 million has been frozen and is expected to be recovered, officials said.
Find the original article here.
Takeaway: Have a separate process for remittance changes that includes controls, validations, authentication and best practices. Review the email to see if there are any red flags. Use an AI Tool to help. Check out the training session to see how to use Microsoft Copilot to spot red flags in an email or your inbox.
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. Review the email to see if there are any red flags. Use an AI Tool to help. Check out the training session to see how to use Microsoft Copilot to spot red flags in an email or your inbox.
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat