This Video is provided by Wizer - Security Awareness Training Platform

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How Does Wire Fraud Work

  • Scammers often use email addresses similar to someone you work with to create fake messages requesting you to transfer money or change the payment details.
  • BEC stands for Business Email Compromise and affects companies all over the world each year, costing companies billions of dollars.
  • Emails that seem urgent and ask for money should always be verified. Verify the sender in person or on the phone.

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