In our digital age, it’s crucial to stay one step ahead of cybercriminals. That’s why we’ve partnered with CYBERSCOUT®, A TransUnion® Brand, to bring you our new Business Email Compromise (BEC) Fact Sheet. This comprehensive guide is designed to help you understand and protect against the growing threat of BEC scams.

Click on the image to download.

Our fact sheet covers four specific types of BEC scams:

• Business Executive Scam
• Bogus Invoice Scam
• Supplier Swindler Scam, and
• Personal Data Scam

Each section provides a clear explanation of the scam method and offers practical tips to safeguard your business.

We also provide actionable tips to protect your business, such as developing a company-wide security awareness program, verifying fund transfer requests via phone or in person, scrutinizing all email requests for fund transfers, and hardening your networks, especially for mobile devices.

We encourage all our brokers and customers to download and share this fact sheet. It’s just one of the ways we’re committed to keeping you informed and protected.

Equip yourself with the right information to stay safe online and consider upgrading your cyber insurance to Red River Mutual’s Privacy Breach Expense and Cyber Event Recovery and Cyber Event Liability Form for added protection.

Stay safe, stay informed, and let’s work together to combat cybercrime!

To learn more about our cyber insurance products, please contact your local Red River Mutual Insurance broker. Find a broker near you.