Join the Biltmore Area Partnership for our May luncheon at The Gladly, featuring speakers from the Phoenix Police Department’s Financial Crimes Detail. They will cover the latest cyber fraud trends impacting businesses, how scams are evolving, and practical steps business owners and managers can take to reduce risk.
What you’ll learn:
Top cyber fraud schemes hitting businesses today: Business Email Compromise (BEC), invoice fraud, AI-generated phishing, and vendor impersonation—responsible for billions in losses annually, including identity theft and forgery cases handled by Phoenix Police Financial Crimes Detail.
How criminals exploit email, payments, and vendors: Attackers hijack email threads, spoof trusted contacts with deepfakes or forged invoices, and insert fake QR codes to divert funds or steal credentials.
Key warning signs to train your team on: Urgent payment requests from “executives,” slight email address mismatches, unexpected invoice changes, or attachments from familiar vendors—phishing causes 85% of breaches.
Immediate prevention steps: Enable multi-factor authentication, verify payments via phone, conduct regular fraud training, update software, and use firewalls—simple actions that block most attacks.
Response if victimized: Isolate systems, change passwords, notify banks/police/FTC/IC3 immediately, and inform customers to limit damage and support investigations.
This is a must-attend session for business owners, managers, finance teams, and anyone responsible for customer data, payments, or internal systems.
