On an annual basis, the FBI receives at least 467,000 cybercrime complaints, causing as much as $3.6 billion in losses. In many of these cases, the fraudster posed as a contracted vendor and sent an email, letter or phone call asking for payments to be made to a new bank account. Don’t be the next victim of a cybercrime attack. In this month’s episode of CoBank’s Fraud Wise, the monthly audio program focusing on the fraud and security risks faced by organizations and individuals, learn the red flags that can help identify fraudulent payment requests.
