Business

Can You Spot Impersonation Fraud?

Beware of Business Fraud! What would you do if someone called, claiming to be from Core Bank—and their caller ID even matched our number? Scammers are getting smarter. They use Number Spoofing to make their calls look legitimate, tricking businesses into sharing sensitive information.

Business Fraud: Corporate Account Takeover

Corporate Account Takeover (CATO) often targets small to medium-sized businesses due to their limited cybersecurity measures. Once access is obtained, criminals can perform unauthorized transactions, steal sensitive information, or disrupt business operations which is one of the worst things that can happen to a business as there can be huge financial losses and even legal issues.

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