APP Fraud Is Surging

APP Fraud Is Surging

Here’s How to Protect Your Business Now

Authorised Push Payment (APP) fraud happens when criminals trick individuals or businesses into willingly transferring money to fraudulent accounts. These attacks often begin with compromised emails or stolen credentials and can unfold over weeks or months, making them very difficult to detect. As tactics grow more sophisticated, the need for proactive protection has never been more urgent.

3 Simple Steps to Better Protect your Business

1. Software Protecting Your Computer
EDR (Endpoint Detection and Response) and antivirus both protect endpoints, but differ in scope. Antivirus uses signature-based detection to block known threats, offering basic protection. EDR provides advanced, real-time monitoring, detects suspicious behaviour, and enables investigation and rapid response.

2. A Tool Watching Microsoft 365 Activity
Identity Threat Detection and Response (ITDR) is a cybersecurity approach focused on identifying and addressing threats related to user identities in services like Microsoft 365. It monitors authentication patterns, user behaviour, and access activity to detect anomalies that may indicate compromise from things like session hijacking (bypassing multifactor authentication), credential theft and rogue applications running inside your Microsoft 365 environment.

3. Train Your Team
Technology is only part of the solution; your people are crucial in keeping your organisation secure. Security Awareness Training sends simulated phishing emails to your team. If a user interacts with these imitations, they are guided through customised training modules designed to build their understanding and ability to identify phishing attacks in the future. Detailed reports, provide insight into progress, risk areas, and behaviour trends within your business.

Would you like assistance implementing protection for your business?

Get in touch with Odyssey Systems today

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