SecureU: Helping Businesses Spot and Stop Fraud

Fraud targeting businesses is constantly changing. From convincing emails to fake payment requests, fraudsters are finding new ways to target businesses of all sizes. That’s why Central Bank launched its first SecureU business webinar, bringing business owners and professionals together for a 30-minute conversation about some of the most common types of fraud affecting businesses today.

Presented by Pete Selenke, the webinar covered three important areas of business security:

Business Email Compromise and Payment Fraud

Business email compromise can happen when a fraudster gains access to or impersonates a business email account and uses it to request payments, change account information or redirect funds. We covered common warning signs and steps businesses can take to verify payment requests before money leaves the door.

Watch the Business Email Compromise and Payment Fraud Video:

Impersonation Fraud

Fraudsters may pose as executives, employees, vendors or other trusted contacts to convince businesses to share information or send money. We discussed how these schemes work and simple ways employees can slow down and verify unexpected requests.

Watch the Impersonation Fraud Video:

Check Fraud

Check fraud continues to be a concern for businesses, whether it involves altered checks, stolen checks or other methods of manipulating payments. We covered what businesses should watch for and ways to help protect their accounts and payments.

Watch the Check Fraud Video:

Keep Learning and Stay Alert

Fraud prevention starts with knowing what to look for. Through SecureU, Central Bank is continuing to provide educational resources to help businesses and their employees learn, spot and stop fraud.