Category: Compliance

Cyber-attacks on our national security have become headline news of late, but a more prevalent occurrence is personal digital wire fraud by cyber thieves.  Hackers are breaking into personal email accounts to extract money from their victims through third party electronic wire transfers. The problem is significant and public awareness is low.

The most common activity is breaking into your email account.  Hackers will snoop through your inbox, sent items, and deleted items to search for letters of authorization to wire money. They are also trying to steal your credit card information, your social security number, and any other sensitive information they can find. (more…)