Email interception fraud is on the rise and criminals are targeting South African businesses, robbing them of hundreds of thousands of Rands in the process.
How Do They Do It?
By hacking or intercepting your emails, these criminals get access to your business invoices – they alter the banking details to that of their own account.
Once the email interception fraudsters have changed the banking details on your invoice, they use spoofing technology to send the invoice to your clients from what looks like your email address.
Upon receipt, your clients pay the invoice as is expected of them, and voila – the money goes straight into the hands of criminals.
Files get uploaded or imported securely into ydox, where it remains encrypted until your clients login securely from their end to view or download the files.
If you would like to find out more about YDOX and how we assist businesses to keep their files secure, complete the contact form below.