8 strategies for wire fraud prevention
Wire fraud is a growing concern for financial institutions and their clients, and lead to serious impacts. The FBI IC3 reported a 10% increase of wire fraud complaints, representing a 22% increase in losses from 2022-2023. This infographic provides financial crime fighters with valuable best practices to prevent wire fraud.
Download the infographic to learn:
- The importance of educating clients on imposter scams, phishing, and social engineering.
- The customer or member benefits tied to wire transfer verification procedures.
- The need for implementing robust internal processes for communications and security.