MH Events

Cyber Savvy Series, Session 2: Wire Fraud How to Prevent and How to Respond

Cyber Savvy Series, Session 2: Wire Fraud How to Prevent and How to Respond

Click here to access the on demand recording

Wire fraud losses are on the rise worldwide, costing unsuspecting companies millions of dollars in what is often the result of a single lapse in awareness. The good news is that these losses, with appropriate safeguards, are largely preventable. When a loss does occur, if the mistake is noted and acted upon in a timely manner, fraudulent wire transfers are often recovered.

In this webinar presented by the McDonald Hopkins Data Privacy and Cybersecurity group, Colin Battersby and Robert Cohen, along with panelist Douglas Pollock, CFE, from IDSnetwork Inc., will provide proactive, practical tips to help you navigate your risk when handling wire transfers, including the appropriate response to fraud and tools for recovery.

Topics

  • Security of your network
  • Preventive protocols as to the transfer of funds
  • Who to call when a loss is discovered
  • Role of Law Enforcement
  • Urgency when dealing with wire frauds
  • Initial response and investigation
  • Recovery options
  • Data Privacy issues piggybacking on an attack
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