The Reboot
The Reboot is dedicated to helping business owners and managers critically evaluate good and bad decisions on technology, cybersecurity, processes, marketing, sales and other important general business topics. All of us here on the The Reboot are business owners and entrepreneurs ourselves and work every day with professionals responsible with the success of many types of business across the country. We hope our topics give you some insight to a decision or challenge you’re facing today.These are The Reboot crew members:Jim Gast, SpliceNet Consulting (www.splice.net); David A. Groot; Adam Pittman; David Luft; Stefanie Groot; Ryan Haislar; Brian Bratchie; Brandon Bowers
The Reboot
Best Practices to Prevent Wire Fraud
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The Reboot Crew
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Season 3
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Episode 4
In today’s digital age with the prominence of social media, targeted email phishing has become increasingly common in aiding wire transfer fraud. Wire transfers continue to be an attractive target of fraudulent activity due to the speed and finality of payment, as well as the lack of internal controls and employee education in how to avoid wire transfer fraud.
Today we will give some tips and guidance on following best practices to minimize personal and business risk.