Without question, wire transfer fraud and ransomware headline the most critical threats facing organizations.

Wire transfer fraud occurs when a manual bank transfer occurs to transfer funds between entities. Attackers compromise an organization’s email system and use their unauthorized access to start looking for finance and payment-related employees. Our Incident Response team sees attackers lurk in the email for months waiting for a payment to compromise.

While one can argue that the reasons of maintaining the confidentiality, integrity, and availability of data and services to their employees, partners, consumers, and customers are a sufficient reason to have a robust information security program, many organizations are not aware that they are legally required to have a robust program to prevent and respond to data breaches.