Business Email Compromises Fuel Procurement FraudAllan Stojanovic of the University of Toronto on Fraud-Fighting Challenges
Business email compromises have been at the center of a number of procurement fraud scams, says Allan Stojanovic, a security architect and analyst at the University of Toronto, who describes the fraud and why it's so difficult to thwart.
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In a video interview at Information Security Media Group's recent Fraud & Breach Prevention Summit: Toronto, Stojanovic discusses:
- The components of the scams and the types of goods procured;
- Difficulties with timely detection of the scams;
- Industries where the scams have been successful.
Stojanovic, a security architect and analyst at the University of Toronto, has worked in IT for over 20 years, including various roles in security in several sectors.