Tag Archives: wire transfer

WIRED: Beware of Transfer Funds Requests Poster

Before you do a wire transfer, take a closer look. Hackers are harvesting your client data and using it to steal money. Strengthen your cyber awareness! CROSSED WIRE Hackers use client data to pose as account administrators. They request fake payments to have you wire money into their accounts. LIVE WIRE Electronic fund transfers are […]

Simple Ways to Prevent Multi-Million Dollar Losses from BEC

AUTHOR: Terry Kurzynski, CISSP, CISA, PCI QSA, ISO 27001 AUDITOR In February of 2016, Fischer Advanced Composite Components (FACC), an Austrian aerospace parts maker servicing customers such as Airbus and Boing, fired its CEO of 17 years. The driving factor in the dismissal was the company’s reported income loss of 23.4 million euros during the encompassing fiscal […]