Protect your business against fraud

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ccording to a 2016 PwC study, more than one-third of organizations have experienced economic crime in the past 24 months. And this could spell trouble for businesses that are not taking steps to safeguard their financial accounts and other sensitive information.

Payments fraud is once again on the increase, and wire transfers are now the second most targeted payment type. In 2015, as reported in the 2016 AFP Payments and Control Survey, 48 percent of organizations were exposed to wire fraud, which is a significant increase from the 27 percent and 14 percent that reported…