IPS Business Advisory
1300 275 477 admin@ipsba.com.au
  • Home
  • Our Services
    • How We Work
    • Customer Service Charter
  • Our Advisors
  • Book a Free Appointment
    • Returning Clients
    • South West Appointments
      • Bunbury, Harvey to Manjimup and surrounds
        • Book with Craig Holland
        • Book with Jasmine Porter
        • Book with Josh Hardy
      • Busselton and Surrounds Registration
      • Collie & Surrounds Registration
      • Margaret River and Surrounds Registration
    • Peel Appointments
      • Mandurah & Surrounds
        • Mandurah & Surrounds Registration
        • Mandurah Digital Marketing Registration
      • Pinjarra and Surrounds Registration
  • Workshops
  • Programs
  • News
  • Resources and Tools
  • Contact us
  • Home
  • Our Services
    • How We Work
    • Customer Service Charter
  • Our Advisors
  • Book a Free Appointment
    • Returning Clients
    • South West Appointments
      • Bunbury, Harvey to Manjimup and surrounds
        • Book with Craig Holland
        • Book with Jasmine Porter
        • Book with Josh Hardy
      • Busselton and Surrounds Registration
      • Collie & Surrounds Registration
      • Margaret River and Surrounds Registration
    • Peel Appointments
      • Mandurah & Surrounds
        • Mandurah & Surrounds Registration
        • Mandurah Digital Marketing Registration
      • Pinjarra and Surrounds Registration
  • Workshops
  • Programs
  • News
  • Resources and Tools
  • Contact us
1300 275 477
IPS Business Advisory

Scam Alert: Business Email Compromise

5/6/2020

 
​Business email compromise (BEC) is an online scam where a cybercriminal impersonates a business representative to trick you, an employee, customer or vendor into transferring money or sensitive information to the scammer.

A local business recently fell victim to this scam, with devastating results. They have kindly shared the details to warn fellow businesses to look out for the warning signs.

The business owner lost a significant amount of money after the scammer posed as one of her creditors, by sending a fraudulent invoice with an almost identical email address – only one letter was different, which made the change inconspicuous. The business owner noticed that the BSB and account number were different, but with her busy operation, didn’t think to call the real accounts person and double check.

Following the transaction, someone rang to impersonate the ‘real’ company and say they had received the money in their bank account.

Even with a high level of awareness of scams, we can still get caught out in the business of everyday life.

Hot Tips:


  • Be mindful of email addresses. If it looks wrong, double check with the email in your system or from previous transactions. Check for errors, extra characters, or the use of a different domain (eg .net instead of .com)
 
  • If account details change, always call your creditor to check before paying the account.
 
  • Have Malware Protection.
​
For more information, check out this post at the Australian Cyber Security Centre.

Picture

Comments are closed.
Picture
IPS Business Advisory is delivering Business Local, a service funded by the Western Australian State Government to support small businesses in the South West and Peel regions.

Contact Us

EMAIL: admin@ipsba.com.au
CALL:  1300 275 477
​www.ipsbusinessadvisory.com.au

Search the website here:


Picture
​IPS Business Advisory is powered by IPS Management Consultants
© IPS BUSINESS ADVISORY 
Website powered by IPS Management Consultants