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03/09/2020

Be on High Alert for New Wave of Wire Fraud Scams

The National Law Review

Scammers always go back to the good old scams, even when they are making bundles on new scams. Although our lives have been consumed of late with an onslaught of ransomware attacks, this past week, we have seen an uptick in good old wire fraud schemes.

The uptick is so significant that it warrants a mention on the blog – a reminder to be on alert for wire fraud schemes and to implement measures to prevent becoming a victim. Attacks occur when employees get complacent, which is happening now in some finance and accounts payable departments.

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