Contact suppliers about changes to bank details And this can be the weak spot that lets the crooks get away with the loot. It doesn’t help that scammers know workplaces are busy. So, they may use a supplier’s legitimate email address or a subtle variation of it, and the invoice will likely be on letterhead that’s the real deal. That’s because the whole thing kicks off when cyber crims hack into either your system or your supplier’s network. ![]() The challenge with invoice hacking is that everything can appear above board – no dodgy spelling, no obviously bogus email addresses, and no impersonal “My dearest friend” type greetings that we associate with email scams. It can leave you paying an invoice twice, or worse, copping legal action from a supplier. By that time your money – and the scammer – are both long gone. You may not realise you’ve fallen victim to a scam until weeks later when the genuine supplier gets in touch asking you to pay up. The trouble is, that new account belongs to crooks not your regular supplier. It all looks legitimate, but the sender says they’ve changed their bank account details, and would you mind paying the invoice to the new account? Invoice hackers send emails coupled with an invoice for payment. It’s a crime that sees crooks impersonate a trusted supplier, and it can take your blemish-free business to the cleaners. If you run a business, be on the alert for invoice hacking – also known as invoice redirection fraud.
0 Comments
Leave a Reply. |