Case Study

Halting the Cost of Compromise

Verafin Prevents a Major Business Wire Fraud Attempt

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In recent years, Verafin has observed a significant increase in wire and Authorized Push Payment (APP) fraud across the industry, including cases of Business Email Compromise (BEC). With corporate customers and wire payments targeted, it is important to remain informed of how fraudsters execute their tactics, and the crucial role of an effective Wire Fraud solution in preventing loss.

In this exclusive, anonymized Case Study from the Cloud, read how Verafin helped a financial institution stop a major business wire fraud attempt before losses were incurred.

Tagged as...

  •   Business Email Compromise
  •   Cloud Technology
  •   Payments Fraud
  •   Wire Fraud