Read articles about finances, saving and community news.
Access all the commercial banking resources your business needs to succeed.
Keep a close eye on those messages from major company officials. Business email compromise is an emerging trend in cyber scams where a hacker will impersonate CEOs, company presidents, and other high-level executives to obtain information related to real estate transactions, company buyers, sellers, agents, and lawyers. They’ll use this information to wire payments to false accounts from a company's financial department or unsuspecting employees. Employees may feel urgency in replying to an executive and overlook inconsistencies or suspicious mistakes that often appear in these messages. It’s important that businesses take proper steps to protect all employees and secure confidential company information.
It’s simple. If something feels suspicious, it probably is. If you’re questioning the validity of an email message, pick up the phone, call the person and ask. Lean on your manager, tech department, or information security team to verify questionable emails. It’s better to take the time to ensure an email is legit, then to jump on a request too quick and find out later you’ve compromised sensitive company information.