Advisors are increasingly under attack from a new cyber threat known as email account compromise (EAC). Older forms of fraud—such as business email compromise—may have targeted advisors from inside their firms. EAC attacks, on the other hand, target firms from the outside, using client email accounts to steal funds through such tactics as fraudulent wire transfers.
Read this white paper to learn more about how EAC works and the steps you can take to prevent it.