Explained: Business email financial fraud, what is it, tips to stay safe and what to do if you’ve paid

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Interpol has issued detailed guidelines on Business Email Compromise Fraud, a corporate level scam where scammers hack into email systems and use social engineering tactics to get information about corporate payment systems. Criminals gain access to victim’s devices through hacking, phishing websites, and malware. Interpol advises using anti-virus, firewall, and additional tools to protect against hacking attempts. They also recommend scrutinizing sender’s email address, informing colleagues about the scam, and verifying the authenticity of websites. If money has been paid, collect documentation, report the incident to the police, notify the bank, and consider seeking advice from a civil lawyer.

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Explained: Business email financial fraud, what is it, tips to stay safe and what to do if you’ve paid

Interpol has issued detailed guidelines on Business Email Compromise Fraud, a corporate level scam where scammers hack into email systems and use social engineering tactics to get information about corporate payment systems. Criminals gain access to victim’s devices through hacking, phishing websites, and malware. Interpol advises using anti-virus, firewall, and additional tools to protect against hacking attempts. They also recommend scrutinizing sender’s email address, informing colleagues about the scam, and verifying the authenticity of websites. If money has been paid, collect documentation, report the incident to the police, notify the bank, and consider seeking advice from a civil lawyer.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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