The Club has issued a number of bulletins in the past on cyber fraud. Unfortunately, this type of crime continues to cause problems.
We would like to remind our Members to ensure that their payments / accounts departments are reminded of the need to exercise caution, to be aware and to double check any changes to existing payment instructions. Possibly the easiest way to do this is to call your suppliers and confirm with them, on the phone, that there is in fact a change to their payment instructions.
Extra caution during the holiday periods when staff are often covering for colleagues who may be on leave is particularly important.
The following two bulletins are still valid and we recommend that our Members bring them to the attention of the departments processing payments within their companies.
Source of Information