On the Internet, no one knows you’re a dog

“Sophisticated Email Scam Hits Businesses,” The Wall Street Journal, June 12, 2018 A4.  Spoofing emails used to get companies to pay fake invoices. $685million is claims in Q1 2018.

An attorney mistakenly wired $250K to the wrong account.  Oops.

You have processes in place to prevent this, right?  Is that information governance or just good business practice?

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Filed under Accuracy, Controls, Corporation, Data quality, Directors, Duty, Duty of Care, Governance, Internal controls, IT, Oversight, Policy, Protect assets, Security

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