UK businesses scammed by fraudsters via email

Be aware that fraudsters are using spoof company email addresses with fake instructions to send money to third party bank accounts.

Companies have reported receiving emails apparently from colleagues requesting money be sent to a bank account immediately. In these emails, the colleague promises to send supporting information later on after the payment is made.
If you get an ad-hoc payment request over email from a colleague, always telephone the person to confirm the instruction using a number you know – not a number given in the email.

An article by Wired suggests that even the most digitally-savvy companies in the UK have fallen victim – so no one is exempt from the risks of this scam. To read the full article please click here.

Please share this warning with any colleagues who may be interested, particularly those in charge of authorising company payments. Stay vigilant!

Written on in News
Legal Associate