Email Spoofing... What is it and how can it cost your company money?
Email spoofing is a practice used by cyber criminals to communicate with businesses from email addresses that look very similar to actual corporate email addresses or even creating emails that look identical to corporate email addresses.
Email spoofing can be used to induce people to share personal identifiers, ship product to criminals, and even wire money or transfer money to criminals.
The best way to stop these attacks is through training and technology. The awareness level must be raised in companies so that employees can recognize and report issues that arise.
Additionally we recommend that executives create a password or code word that they use to authenticate transactions and activities of a high dollar value. The code word can be sent via text or phone to authenticate.
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Hi this is Tim Santoni and welcome to Risk Mitigation TV. On this show I want educate business owners on what they can do to mitigate risk in their businesses and how protect themselves from those in their inner circle.
I will also be providing some strategic advice on how to be prepared for, investigate and deal more effectively with litigation and workers comp claims if and when they arise.
And now a little bit of background on me. I have been an investigative consultant to businesses and legal counsel for over 15 years. I am a license private investigator in the state of California and have testified as an expert in case involving Workers Comp, Counterfeiting and a variety of other civil cases. I own and operate my own Investigative Consulting business here in California and I enjoy speaking to businesses and law firms about current trends in litigation, technology and investigative strategy.
I believe that businesses must implement certain strategies to mitigate exposure to Embezzlement, Fraud, Workers Comp Claims, Trade Secrets theft and many other employment related claims. In today’s litigious environment you cannot eliminate law suits, but you can implement practices to reduce overall exposure.
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