posted by Stephan Thomasee on Wednesday, October 28, 2020
The FBI's Internet Crime Complaint Center (IC3) 2019 Report shows it received 23,775 business email compromise complaints with adjusted losses of over $1.7 billion. One of the most financially damaging online crimes, these email scams are getting more sophisticated every day. Financial institutions are prime targets for cyber criminals, which is why cybersecurity must be a top priority. Let us offer some tips to keep your financial institution and your business accountholders safe.