Email fraud is on the rise as targeted parties both on the receiver and sender's side keep the news silent about the incident for reputation sake. Monetary loss would be nearly impossible to recover given the fraudster operation of using accounts that are either offshore or locally not tied to the individual directly.
There is no point to point fingers at the staffs involved as they are mostly financial personnel and not I.T wizards. Instead to prevent this from happening, implement a viable solution that not only solves this issue but raises the security level of your organization and confidence from paying clients. |