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Wire Transfer Fraud: Prevention and Response Strategies After a Data Breach

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Manage episode 490819409 series 2403182
Content provided by Ogletree Deakins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ogletree Deakins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this podcast, Harris Freier (shareholder, Morristown) and Lauren Watson (associate, Raleigh) discuss the growing issue of misdirected wire transfers tied to data breaches. Lauren and Harris begin by addressing social engineering and phishing, and how these types of business email compromise scams by cybercriminals occur. The speakers also review the importance of having an incident response plan, the legal obligations for breach notifications, and strategies for recovering misdirected funds, emphasizing the need for swift action and thorough verification processes to prevent future incidents.

  continue reading

101 episodes

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iconShare
 
Manage episode 490819409 series 2403182
Content provided by Ogletree Deakins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ogletree Deakins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this podcast, Harris Freier (shareholder, Morristown) and Lauren Watson (associate, Raleigh) discuss the growing issue of misdirected wire transfers tied to data breaches. Lauren and Harris begin by addressing social engineering and phishing, and how these types of business email compromise scams by cybercriminals occur. The speakers also review the importance of having an incident response plan, the legal obligations for breach notifications, and strategies for recovering misdirected funds, emphasizing the need for swift action and thorough verification processes to prevent future incidents.

  continue reading

101 episodes

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