Nearly half of cyber crimes

are targeted at smaller organisations.

However, there are some simple things

you can do to protect your business.

A growing threat is fake funds
transfer requests,

sometimes known as CEO Phishing
or a CEO scam.

These emails appear to be from senior
people in your company requesting

an urgent money transfer.

Sylvia works in a busy car mechanics.

It's the end of the month so she is busy
processing invoices and making payments.

One email that's caught her attention is from
the company's owner, Dimitri,

asking Sylvia to transfer funds to
a bank account by the end of the day.

A request like this from Dimitri is unexpected
so she calls Dimitri to double check.

She was right, the email was not from him.

Fraudulent funds transfer requests

often have a few warning signs – the sender's
email address is slightly different,

there is a tone that doesn't quite sound right,

it's an out-of-the-ordinary request,

and comes with a sense of urgency.

No matter who the request is coming from

always confirm a funds transfer request
over the phone before actioning.

They'll thank you for it.

Use two-factor authentication on email
and banking accounts.

You can also share examples of suspicious
messages in your business

so others know what to watch out for.

And if using NAB Connect,
consider having two people

approve payments to new accounts
or larger payments.

To help make your business
a hard target for criminals

visit nab.com.au/security for more information.