As financial fraud continues to grow and has reached huge proportions, it’s important to understand the basics of security, be it to safeguard your identity, your devices or your financial information. Fraud is not a victimless crime.
Become familiar with some of the most common scams
Latest cybercrime
Invoice Fraud
Be vigilant and take action if you suspect any suspicious payment requests.
This variation of wire transfer fraud proves persistent worldwide. The hackers use phishing emails and leverage trusted relationships between individuals who are key actors in the approval and execution of those transfers.
Anyone can fall prey to this type of cybercrime and should take necessary precautions to protect themselves.