In 2021, some businesses across the U.S. had someone in their accounts payable department provide a corporate checking account number to a fraudster posing as a vendor via a well-disguised email. Others had their automated clearing house (ACH) debit accounts wiped out after successful phishing attempts allowed hackers to deploy malicious software inside their internal networks.
Those are just two examples of how fraudsters targeted the 71% of organizations that were victims of payments fraud attacks…
