EMAIL PHISHING WHAT TO KNOW

In this new covid- 19 world, the days of face- to face , business transactions, even major transactions, are few and far between. And while doing business virtually may decrease our chances of getting sick, it may increase our risk of being scammed. And email phishing that leads to wire fraud is one increasingly common example here's one of the ways it works. Sophisticated, and patient, fraudsters will gain access to your business email. They will monitor your conversations about business transactions for weeks, or longer, if necessary. Then, just before your scheduled wire transaction occurs, the scammers send an email from your email account and change the wire instructions! And bingo: the money you intended to complete your transaction has been diverted into the scammers overseas bank account. Big and small companies alike have fallen victim. So the treasure coast attorneys at Crary Buchanan have some advice. Be vigilant. If you get last-minute instructions to change a payment method always * call* and make sure the person you are doing business with Made the change. If business emails suddenly have misspellings or something seems off, they may be from a scammer who's hacked into your account or your customer's so always double check And get your I-t folks involved asap, if you have a breach you need To close it. If this has happened to you, there may be a way to recover at least some of the lost funds. There are also ways to plan ahead to avoid potentially devastating losses. Call attorney Michael Cristoforo (chris-toe-four-o) at Crary Buchanan. Or visit crarybuchanan.com.