Cybersecurity and fraud
How do I stop a fake invoice or payment-change email from costing my business money?
Require independent verification for new bank details, payment changes, or unusual invoice requests using a trusted contact method. Do not rely on the reply chain alone. Train staff to recognize urgency tactics and record the verification before payment is changed.
What to check
- Are payment changes verified through a separate trusted channel?
- Who is allowed to approve bank-detail changes?
- Is the verification recorded?