Episode 30: 4 Steps to Protect Your Vendors Banking from Being Changed by a Cybercriminal. Includes a Critical Step Most Companies Leave Out

Has your company experienced a fraudulent payment?  Whether the answer is yes or no, you will want to implement these four (4) steps to prevent fraudulent payments resulting from cybercriminals redirecting legitimate vendor payments to a fraudulent bank account.

Check out my website www.debrarrichardson.com if you need help cleaning your vendor master file or implementing authentication, internal controls and best practices to it from fraud. 

Subscribe today to be entered into the subscriber only monthly drawing to win a free Putting the AP in hAPpy Coffee Mug. 

Links mentioned in the podcast:  

·         Scott County Schools: https://www.wkyt.com/content/news/Scott-County-Schools-victim-of-37-million-scam-509017341.html

·         City of El Paso, TX:  https://www.govtech.com/security/Phishing-Scam-Prompts-Security-Changes-in-El-Paso-Texas.html

·         Early Warning:  https://www.earlywarning.com/solutions/payment/deposit-chek.html

·         Giact Systems:  http://www.giact.com/

·         Blog: https://www.debrarrichardson.com/blog/2018/10/18/send-a-notification-to-vendors-after-updates-in-the-vendor-master-file

·         More ideas?  Email me at debra@debrarrichardson.com

 

#stayhappy #accountspayable #fraud #cybercriminal #

 

 Music Credit:  www.purple-planet.com