Incoming payments are at risk! Organizations are still using outdated manual processes to share and validate banking details, leaving both the paying and receiving entities exposed to payment fraud.
Fraudsters today are experts at finding companies’ weak spots and taking advantage of them to hit their financial departments –
- Emails are easily manipulated
- PDFs and Word documents can be easily edited
- Phone and video calls are highly vulnerable to social engineering attacks, phone spoofing and deepfake manipulations.
If you would like to learn more about why you should protect your company’s incoming payments, and what you can do to protect them – read more inside