BEWARE OF CYBER FRAUD
This is your reminder to be extra vigilant at month end when you get requests for change in wire instructions, or when you encounter suspicious requests.
If you receive a request for a change in wire instructions, make sure you notify your escrow manager and review your company’s Trust Accounting Policy and Procedures.
If you have sent funds per fraudulent wire instructions, contact your bank immediately.
If the bank is notified within 4 hours of sending the wire, they can typically get the funds back or at least get a hold placed on the funds. You should also file a complaint at www.ic3.gov.
Remember YOU are the best defense against cyber fraud and BEC!
Questions about how to prevent cyber fraud? We can help!
Contact your local sales representative or visit >WFG Blocks > WEST Protect