It wasn't just a fake call, and he had a paper trail of the order...at this point it's pretty hard to prevent this from happening, short of having every order double checked by some other independent entity.
It wasn't just a fake call, and he had a paper trail of the order...at this point it's pretty hard to prevent this from happening, short of having every order double checked by some other independent entity.
If an employee routinely receives email or zoom instructions to transfer $25m without any sort of sign off then the company is completely at fault for terrible process.
Most non-enterprise companies have fairly loose wire protocols. That said, outgoing phone calls to two separate signers is a good, simple best practice.
Sam deal for the call as well. I'd expect the video client to warn that some members of the call are external to the organization (Google Meet does that). Or the CFO is expected to be outside (from another org) from the get go.
> Initially, the worker suspected it was a phishing email, as it talked of the need for a secret transaction to be carried out.
That's how I almost lost £100k. I got an email from my lawyer instructing me to pay an amount that I was expecting to have to pay, but to the wrong account. The email "from:" was definitely my lawyser's email address. It satisfied Gmail's spoofing checks. But it was not my lawyer who sent it.