Cybercriminals today are leveraging ever more sophisticated attack strategies to divert corporate payments to their own fraudulent accounts.
With manual controls being error prone and insufficiently effective at combating technology-driven cyberattacks, organizations of all sizes have never been more vulnerable.
In this session, hosted by the Institute of Finance Management (IOFM), we talk about:
- The most common payment security vulnerabilities exploited by cyberfraudsters
- Real-life examples of payments fraud attempts and why they were successful
- Best practices for protecting both incoming and outgoing payments
- The three-layered approach to preventing payment fraud