Payment Diversion Schemes

Payment Diversion Schemes

Payment diversion schemes are occurring with greater frequency, putting organizations at higher risk. Criminals trick victims into sending money to their accounts by hacking into email systems and crafting emails that appear legitimate. These emails mimic the writing style of real people, like suppliers or other third parties, often creating a sense of urgency to push the victim towards making a fraudulent payment.

View the flowchart below for a detailed breakdown of how payment diversion schemes occur.

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Payment Diversion Schemeshttps://www.cbiz.com/Portals/0/Images/Payment Diversion Scheme_Hero-1.png?ver=53Gv_FENW6xVDWGdmJVCyQ%3d%3dhttps://www.cbiz.com/Portals/0/Images/Payment Diversion Scheme_Thumbnail-2.png?ver=oL1SUogx-9JJNx1o8Cvwqw%3d%3dFor not-for-profits to navigate turbulent waters and safeguard their future, understanding the mechanics of threats, recognizing their heightened risk and adopting robust defensive measures is essential.2024-03-08T18:00:00-05:00

For not-for-profits to navigate turbulent waters and safeguard their future, understanding the mechanics of threats, recognizing their heightened risk and adopting robust defensive measures is essential.

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