Strong Passwords: Vital to Security
Vendor information management specialists have heard it before. Strong passwords are vital to security. Their value cannot be overstated. Passwords are gatekeepers to our online…
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Best Practices for Vendor Bank Account Verification
Bank account verification is a crucial security measure for any organization engaging in business-to-business (B2B) commerce. By ensuring the legitimacy of bank account details before processing…
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Understanding Bank Account Verification in Business-to-Business Transactions
Ensuring the security and accuracy of financial operations is paramount in business-to-business (B2B) commerce. One critical aspect of financial security is understanding and executing bank…
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A Classic Case of Vendor Email Compromise
Criminals are compromising emails to steal money from businesses, governments and institutions. Any organization can be a target: businesses of any size, health care organizations,…
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Video: Best Practices for Handling One-Time Vendor Payments
Most companies have vendors to whom a payment will be made only once. When these payments flow through the Accounting System or ERP, Accounts Payable…
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Video: Create a Vendor Authentication Matrix
Fraud Prevention You receive a request to change remittance information from the vendor. Is that really the vendor? Combat business email compromise, deepfakes, and other…
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Video: External Fraud – How Criminals Socially Engineer Us and How to Avoid Getting Fooled
Criminals are using common technologies to commit fraud, employing social engineering to fool AP staff into paying them. Fraudsters employ phishing, vishing, smishing and more…
