Our news
Fraudulent emails are on the rise!
During these difficult times we are experiencing, some people are taking advantage of the situation to commit crimes. I'm sure many of you have received information lately through social media or emails about new types of [crime/crime]. fraud Taking advantage of this state of emergency. Due to the high traffic on social media, email is being used primarily to try steal from us private information.
We want to talk to you about two types of fraud: CEO fraud and invoice fraud. Below is a brief summary with information to keep in mind.
Invoice fraud
Their goal is cheat to the workers who have access to a company's economic resources for the invoice collection.
How do they operate?
By impersonating or hacking a supplier's email account. scammer contacts via email with the company for request a change of account number. If this change is made, the invoice payments are made to an account controlled by the scammer.
Safety recommendations
- Inform all workers about this threat and how to prevent it.
- Verify the change of account number with the provider through a channel other than the one used for the request (by phone, for example).
- Review your own corporate website and limit the information regarding suppliers and customers.
Avoid sharing company data through social media.
How to act in case of suspicion or fraud?
- Contact the bank branch urgently.
- File a police report providing all information and documentation related to the fraud.
- Inform the supplier of what has happened so that they can take the appropriate security measures.
- Save fraudulent emails.
CEO Fraud
Its objective is cheat to the workers who have access to the company's economic resources so that they can make one or more transfers.
How do they operate?
After an exhaustive investigation on the Internet and social media, the scammer impersonates the CEO from the company and communicates via emails or phone calls. This person requests that one or more urgent and confidential transfers be made, usually to a bank account outside of Europe.
Safety recommendations
- Be suspicious of any payment order from a senior company official that is urgent, important, and confidential.
- Verify the payment orders to be made with the senior official through a channel other than the one used for the request.
How to act in case of suspicion or fraud?
In case of suspected fraud, the recommendations are the same as in the previous case. Above all, save all fraudulent emails and file a police report. Additionally, contact your bank branch immediately.
