Wire Fraud Protection: Watch for Urgency

The most important takeaway from Cybersecurity Mondays is that we don’t want people to be afraid.

Nowadays, attackers try to instill a sense of urgency in their targets to stop them from verifying their fraudulent requests. This urgency is a major indicator of fraud.

If someone is being pushy or trying to rush a wire transfer, stop and make sure that they’re legitimate.

To find out how we at CCP can help protect you, get in touch today.

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Fake Zoom invite forces Sydney hedge fund to close

Earler this week, Levitas Captial was forced to close following a major cyber attack, resulting in their major client withdrawing their funds.

This should stress to all businesses out there that an antivirus and a firewall is not sufficient against cybercrime. Appropriate funds transfer protocols, incident response plans and cybersecurity awareness training should be at the top of every businesses list for this coming 2021.

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