Don’t take the bait: Essential tips to protect your business from phishing

As technology continues to evolve in today’s fast-paced digital world, so do financial scams. Impersonations have taken on new guises with deepfakes (realistic images, audio or video) and AI-written phishing emails. According to the 2024 Association for Financial Professionals® Payments Fraud and Control Survey Report, 80% of organizations experienced payment fraud attacks or attempts in 2023, marking a 15% increase from the previous year.
It is now more important than ever to stay vig