- Educate your team. Familiarize them with the new kind of email criminal. Let them know they are not just looking out for a desperate foreign prince anymore.
- Conduct testing. You might need to hire a security specialist to oversee this process. You need to find out where you and your business are vulnerable. This must be done so you can implement a plan to protect yourself against this kind of criminal activity.
- Be careful about what you put out for public consumption. These criminals are like detectives, picking up whatever crumbs of your personal and professional life they can use to craft the most deceptive attack.
- Put controls in place. Use the results of your security testing to establish a process for wire transfers and the release of sensitive information. This system should consist of approval from several different people at your firm. Discuss wire transfer security measures with your bank as well, and request confirmation over a certain dollar amount.
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