Under Attack: Best Practices for Stopping Phony Bank Account Change Requests Before They Succeed

Webinar Overview

Fraudsters don’t need to hack your systems – they just need to convince your AP team to send money to a new (fake) bank account.  And right now, it’s working.  Business email compromise (BEC) and social engineering attacks are surging, and organizations are falling victim – not because they lack procedures, but because those procedures aren’t being followed or enforced.  The result?  Millions lost, damaged vendor relationships and a black mark on finance’s reputation.  This webinar will provide best practices for stopping phony bank account change requests before they succeed.

What you will learn:

• Why traditional bank account verification methods are failing
• How gaps in internal process adherence are opening the door to fraud
• Proven best practices for verifying both domestic and international bank accounts
• An action plan to strengthen your defenses with automation and validation tools

BONUS: All registrants will receive a complimentary Bank Account Verification Toolkit with checklists, best practices and tips to put what you’ve learned into action.

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