Lesson 4 of 7, about 3 minutes

Pressure, secrecy and money

The costliest scams do not use malware. They ask a person to send money.

The most expensive scams against small businesses often use no malware at all. They simply ask a person to send money, and they make it feel routine.

Common versions

  • A supplier says their bank details have changed.
  • The owner or a manager asks you to buy gift cards, quickly and quietly.
  • An invoice arrives for something you never ordered.
  • A message says a payment is urgent and confidential.

The pattern

Look for the mix of money, speed and secrecy. If a message asks you to skip the usual process, treat that as the warning.

How to stay safe

  1. Stop. Do not reply to the message.
  2. Check by phone, using a number you already have, not one from the message.
  3. Ask a second person to approve any new payment details or unusual payment.
  4. If money has already been sent, call your bank right away, and then tell us.
Good to know

Every business should have a simple rule. No change to payment details without a phone call to a known number and a second person to approve. A rule like that protects everyone on a bad day.