How to Defend Your Company on the New Frontier of Payment Fraud

How to Defend Your Company on the New Frontier of Payment Fraud
A computer lit by a displayed cyber code is seen in this illustration picture.vickygharat/Pixabay
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The remote work era brought on by the COVID-19 pandemic has made it even easier for criminals to execute payment fraud attacks. For most companies, it’s become a matter of when they’ll face a fraud attack—not if.

New defenses are needed, because the nature of cybercrime is changing. For many years, bad actors focused on software-based attacks such as ransomware. Vendors hadn’t quite caught up to developing code secure enough to operate in the hostile environment that we know is the internet today.